Le Travenues Technology Limited — Others, 24-05-2025: ESOP/ESOS/ESPS

Le Travenues Technology has announced a board meeting to approve granting 12 million stock options under its ESOS 2025 scheme—6 million each to its Chairman & CEO and the MD of its subsidiary, Ixigo Europe. The exercise price is Rs. 93 per option, equal to the IPO price. Vesting depends on achieving market capitalization milestones of ₹9,000 Cr (50%) and ₹14,000 Cr (50%) within set timelines. This move is designed to retain and motivate key leaders by linking rewards to long-term shareholder value.