eClerx Services Limited (ECLERX) — Board Meeting Announcement
📢 Key Event
Committee approved vesting of 498,610 employee stock options
🔄 What Changed
498,610 options vested at Rs. 709.91 exercise price
🔮 What's Next
Options exercisable for three years from vesting date
💡 Investor Takeaway
Shareholders see potential dilution from future option exercises
eClerx informed stock exchanges that its Nomination and Remuneration Committee approved the vesting of 498,610 employee stock options under the 2022 scheme on May 13, 2026, covering 4,98,610 shares at an exercise price of Rs. 709.91 per share, with vesting effective May 25, 2023 and exercisable for three years post-vesting.
📄 View Original Announcement (PDF)
About eClerx Services Limited (ECLERX)
Services · Commercial Services & Supplies · Listed on NSE
Market Cap: ₹13,948.66 Cr
P/E: 26.9
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.