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NIIT LimitedOthers, 01-07-2025: ESOP/ESOS/ESPS

01-07-2025 | 04:33 pm

NIIT Limited has announced a board meeting and granted a total of 680,000 stock options to eligible employees under its ESOP 2005 plan. The options carry an exercise price of Rs. 130.65 each, matching the closing market price on NSE prior to the grant. Vesting is scheduled in tranches over one to three years depending on the grant, with an exercise period extending five years from each vesting date. This move aims to align employee incentives with shareholder value, supporting retention and motivation within the company.

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