Purple Wave Infocom Ltd

📊 Purple Wave Infocom Proposes 400,000 Stock Options for Employees & Group Companies

- Purple Wave Infocom will hold an EGM on May 9, 2026, at 2:00 PM via video conferencing.

- The company proposes granting up to 400,000 stock options, convertible into equity shares with a face value of ₹10 each.

- Eligible participants include permanent employees, directors (excluding independent directors), and employees of subsidiary, associate, and holding companies.

- The ESOP includes a minimum vesting period of one year and an exercise period of up to three years from vesting.

- The plan aims to attract, retain, and motivate employees while aligning their interests with the company’s growth and creating long-term shareholder value.