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Syngene International has granted 56,949 Performance Share Units (PSUs) to eligible employees under its Long-Term Incentive Plan. Each PSU entitles an employee to one equity share upon payment of an exercise price of Rs. 10. These units will vest after a three-year performance period, with a five-year window to exercise. This initiative aims to align employee interests with long-term company growth, incentivizing performance and talent retention. While it could lead to minor equity dilution in the future, it underscores the company's focus on performance-based compensation.