Newgen Software Technologies Limited — Others, 01-05-2025: ESOP/ESOS/ESPS

Newgen Software Technologies Limited has announced a grant of 93,300 Employee Stock Options at an exercise price of Rs. 888 per option under its ESOP Scheme-2022. Vesting will happen gradually over four years, starting with 10% after the first year and fully vesting by year four. Employees can exercise options within five years after each vesting. This initiative aligns employee incentives with company performance, encouraging long-term value creation for shareholders.