Elixir Capital Ltd — Important, 16-05-2026: Company Update

Elixir Capital has announced the vesting of 9289 Employee Stock Options (ESOPs) under its 2024 scheme. This means eligible employees now have the right to purchase these shares. The company initially granted 62854 options, with the total scheme covering 20 lakh (2 Cr) potential equity shares. The exercise price for these shares will be set by a committee, based on market price but always above the Rs. 10 face value. Investors should note that 21759 options from the overall grant have also lapsed, while the vested options represent future equity dilution when exercised.