Latest news with #MobiKwikEmployeeStockOptionPlan2014
Time of India
16 hours ago
- Business
- Time of India
MobiKwik ESOPs: One MobiKwik Systems Grants Over 3.2 Lakh Stock Options to Employees, ETHRWorld
Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. Fintech firm One MobiKwik Systems on Thursday announced the grant of 3,27,688 stock options to eligible employees of the stock option is convertible into one fully paid-up equity share of face value Rs 2, and the options are priced at face value, the company said in a regulatory filing."...the Nomination & Remuneration Committee of the Board of Directors of the Company via circular resolution has approved the grant of 3,27,688 stock options under MobiKwik Employee Stock Option Plan 2014 to the eligible employees of the company on June 12, 2025," it options would not be subject to lock-in and will vest over four years, with 20 per cent vesting each after the first and second years, and 30 per cent each after third and fourth years.
Time of India
2 days ago
- Business
- Time of India
One MobiKwik Systems grants over 3.2 lakh Esops
Fintech firm One MobiKwik Systems on Thursday announced the grant of 3,27,688 stock options to eligible employees of the company. Each stock option is convertible into one fully paid-up equity share of face value Rs 2, and the options are priced at face value, the company said in a regulatory filing. "...the Nomination & Remuneration Committee of the Board of Directors of the Company via circular resolution has approved the grant of 3,27,688 stock options under MobiKwik Employee Stock Option Plan 2014 to the eligible employees of the company on June 12, 2025," it said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Struggling With Neuropathy? This Tourmaline Sock Might Help You TourmaRelief Undo Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The options would not be subject to lock-in and will vest over four years, with 20% vesting each after the first and second years, and 30 per cent each after third and fourth years.
