Dixon Technologies (India) Limited announced the grant of stock options to its employees under its Employees Stock Option Plans 2020 and 2023, following a meeting of the Nomination and Remuneration Committee held on 19 Mar 25.
Key details of the grants are:
- Under ESOP 2020: 13,700 stock options convertible into equity shares of face value ₹2 each.
- Under ESOP 2023: 15,850 stock options convertible into equity shares of face value ₹2 each.
- The exercise price will be based on the market price of the company's shares, with the committee having the power to provide discounts or premiums. For ESOP 2023, the discount is capped at 15%.
- The options will vest over a period of three years from the grant date and can be exercised within one year from the last vesting date.