Alpha Tribe

Digicontent LimitedImportant, 27-03-2025: Updates

27-03-2025 · 06:25 pm

The Nomination and Remuneration Committee has approved the grant of 25,00,000 Restricted Stock Units (RSUs) to eligible employees under the "Digicontent Limited - Restricted Stock Unit Plan 2025." Of these, 20,00,000 RSUs are subject to shareholder approval as the total proposed exceeds 1% of the issued capital. Each RSU is convertible into one equity share with a face value of ₹2, with an exercise price set at ₹2 per option. The RSUs can be exercised within seven years from their respective vesting dates, which have a minimum vesting period of one year. This move could enhance employee retention and align their interests with shareholders, offering a potential positive outlook for the company's performance.

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