Avalon Technologies Ltd

Employee Stock Options

Avalon Technologies Employee Stock Options

Avalon Technologies Limited approved the grant of 90,000 Employee Stock Options (ESOPs) to eligible employees. The options are granted at a price of INR 1,855 each.

Value

₹16.70 Cr

Execution

Vesting over 4 years; exercise period maximum 3 years from vesting

Employee Stock Options

Avalon Technologies Employee Stock Options

Avalon Technologies allotted 70,545 equity shares to employees upon exercise of ESOPs. The allotment increases the company's paid-up equity capital.