FilingReader Intelligence

Moneyboxx Finance grants 1.42 lakh employee stock options

September 9, 2025 at 02:40 PM UTCBy FilingReader AI

On September 9, 2025, Moneyboxx Finance Limited's nomination and remuneration committee approved the grant of 142,500 stock options. These options represent 142,500 equity shares, each with a face value of INR 10, to eligible employees under the MFL Employee Stock Option Plan 2021. The grant adheres to SEBI regulations.

The stock options were granted at a market price of INR 139 per option, as defined by SEBI regulations. The 142,500 options will vest over four years, with 25% vesting each year. Employees will have four years from the date of each vesting to exercise their options.

Key terms include a minimum one-year period between the grant and vesting of options, with no lock-in on the equity shares upon exercise. Equity shares arising from the exercise will rank pari passu with all other existing equity shares from the date of allotment. This grant is part of the company's employee incentive program.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:MONEYBOXXBombay Stock Exchange

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