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Syschem India LtdUpdates, 11-06-2025: Company Update

11-06-2025 | 06:35 pm

Syschem (India) Limited has announced a board meeting outcome where the Compensation and Nomination & Remuneration Committee approved granting 10 lakh stock options to nine eligible employees under the Syschem ESOS Scheme – 2024. The exercise price per option is Rs.10, equal to the face value. The vesting period ranges from one to four years, and options can be exercised fully or partly within four years of vesting via cash payment. There is no lock-in period for shares issued on exercising these options, providing flexibility for employees to convert options into equity.

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