IGIL Announces Grant of 2,09,938 Stock Options Under ESOP 2024
IGIL's Nomination and Remuneration Committee approved the grant of 2,09,938 stock options to eligible employees under the IGI Employee Stock Option Plan 2024 during its meeting on May 20, 2026. These options are exercisable into a maximum of 2,09,938 equity shares with a face value of ₹2 each.
The grant of stock options is a routine corporate action that has a limited impact on the company's financials or operations.
The announcement is a routine disclosure about the grant of stock options to employees, which is neither positively nor negatively impactful.
International Gemological Institute Limited (IGIL) announced the grant of 2,09,938 stock options to eligible employees under the IGI Employee Stock Option Plan – 2024. The decision was made by the Nomination and Remuneration Committee of the Company during its meeting held on Wednesday, May 20, 2026. This information is disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The granted options are exercisable into not more than 2,09,938 equity shares of face value of ₹2 each, fully paid-up. The pricing formula is determined by the NRC and is in line with the IGI ESOP Plan 2024. Details of the grant, including terms and conditions, are outlined in the grant letter.
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International Gemological Institute Limited filed this with the NSE as a statutory disclosure, categorised under esg reports. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by International Gemological Institute Limited. Read the original for the full detail.