Prostarm Info Systems Ltd

Prostarm Info Systems Grants 321,750 ESOPs at ₹50 Each 🚀

- Prostarm Info Systems granted 321,750 Employee Stock Options (ESOPs) under 'Prostarm Employee Stock Option Plan 2024'.

- Options issued to eligible employees, including those from subsidiary companies.

- Exercise price set at ₹50 per option.

- Vested options must be exercised within one year from vesting date.

- Shares from exercised options will rank equally (pari-passu) with existing equity shares.

- No lock-in period for shares obtained upon exercising options.

- Adjustments to options/exercise price possible for corporate actions (e.g., bonus/rights issues).