Transcorp International Ltd — Important, 01-11-2025: Company Update
01-11-2025 | 04:46 pm
01-11-2025 | 04:46 pm
Transcorp International's Nomination & Remuneration Committee has granted Employee Stock Options (ESOPs) to eligible employees under its 2017 scheme. Each option converts into one equity share with a face value of Rs. 2. The options were priced at Rs. 14.20, a 40% discount from the Rs. 23.67 closing share price on October 31, 2025. These options will vest in phases: 30% on November 1, 2026, 30% on November 1, 2027, and 40% on November 1, 2028, subject to performance targets. Vested options can be exercised within three years. This move aims to incentivize and retain key talent, aligning employee interests with company performance and shareholder value.
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