Elixir Capital Ltd — Updates, 16-05-2025: Company Update

Elixir Capital has announced a board meeting on the grant of 62,854 Employee Stock Options under its 2024 ESOP Scheme. These options are part of a total pool of 20 lakh options, convertible into equal equity shares of face value Rs. 10 each. The exercise price will be linked to market price with possible discounts, not falling below the face value. Vesting begins one year from the grant date and may extend up to four years, with exercisability within two years post-vesting. This move aims to align employee interests with shareholders through equity participation.