Insolation Energy Ltd — Updates, 26-05-2025: Company Update

Insolation Energy has announced a board meeting to approve the grant of 10,000 stock options to eligible employees under its ESOP 2024 at an exercise price of Rs. 3.8 each. This follows the equity share split from Rs. 10 to Rs. 1 per share, adjusting the option numbers accordingly. The Nomination and Remuneration Committee also approved cancellation of 1,000 previously granted options. The ESOP aims to retain and motivate employees by aligning their interests with long-term company growth. Options vest over 30 months and can be exercised within 18 months post-vesting.