Shareholders Approve ATSL ESOP 2026 for Up to 5,00,000 Options

At the 12th AGM, shareholders approved by special resolution the "ATSL Employees Stock Option Plan – 2026".

Sat 26 Sep 2026

ESOP Plan Approval

ATSL Employees Stock Option Plan – 2026 approved by special resolution at 12th AGM

Maximum Options

Up to 5,00,000 options can be granted

Share Conversion

Convertible into 5,00,000 equity shares of Re. 10 each, fully paid up

Vesting Period

Not earlier than 1 year and not later than 5 years from grant date; time and/or performance based

What was approved

Members of the company, at the 12th Annual General Meeting, approved by special resolution the introduction and implementation of the "ATSL Employees Stock Option Plan – 2026" for grant of stock options to eligible employees, under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Size of the scheme

• Maximum options: 5,00,000 (Five Lakhs), in one or more tranches
• Convertible into 5,00,000 equity shares of face value Re. 10/- each, fully paid up
• Pricing formula to be decided by the Committee

Vesting terms

• Minimum one year between grant and vesting
• Vesting not later than 5 years from the date of grant, or a lesser period as decided by the Nomination and Remuneration Committee
• Vesting may be time based and/or based on company performance parameters set by the NRC, as stated in the Grant Letter

Administration

The Nomination and Remuneration Committee, designated as the Compensation Committee, will administer, implement and monitor the scheme. Options may be granted to present and future eligible employees as determined by the Committee.

What it means for investors

An ESOP scheme is a way to reward and retain employees by offering them shares. If options are eventually granted, vested and exercised, new shares would be issued, which can dilute existing shareholders to the extent of the shares issued. At this stage, options granted, vested, exercised, lapsed, money realised and diluted EPS are stated as not applicable, as the scheme has only just been approved.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.