IGI NRC approves 629,814 stock options under ESOP 2024 plan

1 min read     Updated on 24 Jul 2026, 09:35 AM
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Suketu GScanX News Team
AI Summary

IGI's NRC approved 629,814 stock options under the 2024 ESOP plan on July 23, 2026. The options carry a ₹2 face value per share and comply with SEBI Listing Regulations and Share Based Employee Benefits rules. No options have been vested or exercised to date.

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International Gemological Institute (IGI) has approved the grant of 629,814 stock options to eligible employees under its Employee Stock Option Plan – 2024. The Nomination and Remuneration Committee (NRC) authorized the grants during a meeting held on July 23, 2026, aligning with the company’s strategy to retain talent through equity-based incentives. These options are exercisable into equity shares with a face value of ₹2 each, as per the terms defined in the grant letters.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also cited compliance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The scheme operates in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Grant Details

The specific parameters of the stock option grant are outlined below:

Particulars Details
Number of Options Granted 629,814
Underlying Equity Shares 629,814 shares
Face Value per Share ₹2
Pricing Formula As determined by NRC per IGI ESOP Plan 2024
Vesting Status Not Applicable
Exercise Period As per IGI ESOP Plan 2024 and Grant letters

The pricing formula for these options was determined by the NRC in line with the IGI ESOP Plan 2024. The time within which the options may be exercised is governed by the same plan and individual grant letters. No options have been vested, exercised, or lapsed at this stage, meaning no money has been realized by the company from the exercise of options yet.

Regulatory Compliance

International Gemological Institute Limited submitted this intimation to both BSE Limited and the National Stock Exchange of India Limited. The information is also available on the company’s website at www.igi.org . The filing confirms that there have been no subsequent changes, cancellations, or variations to the terms of these options since their approval. Additionally, the impact on diluted earnings per share is currently not applicable due to the non-exercise of these options.

Historical Stock Returns for International Gemological Institute

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-5.15%-0.29%+4.78%+3.25%-26.75%

How will the eventual exercise of these 629,814 options impact IGI's diluted earnings per share (EPS) and existing shareholder equity?

What specific performance metrics or retention targets are tied to the vesting schedule of the IGI ESOP Plan 2024?

How does the strike price determined by the NRC compare to IGI's current market valuation, and what does this imply about management's growth expectations?

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IGIL makes Q4FY26 earnings call audio available on website

1 min read     Updated on 23 Jul 2026, 10:45 PM
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Anirudha BScanX News Team
AI Summary

International Gemological Institute Limited released the audio of its Q4FY27 earnings call held on July 23, 2026. The recording, compliant with SEBI Regulation 30, is available online for investor review.

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International Gemological Institute Limited has made the audio recording of its earnings call available to investors and stakeholders. The call, held on July 23, 2026, covered the company’s financial performance for the quarter ended June 30, 2026 (Q4FY27). This disclosure ensures transparency regarding the management’s commentary on recent operational and financial results.

The announcement was filed with both BSE Limited and the National Stock Exchange of India Limited in compliance with regulatory norms. Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is mandated to provide access to such recordings.

Accessing the Earnings Call

The audio recording can be accessed directly through the company’s official website. Investors are directed to the quarterly financials section at https://investor.igi.org/quarterly-financials/ to listen to the complete session. This resource allows market participants to review management’s insights and responses to analyst queries without delay.

Detail Information
Event Earnings Call Audio Recording
Date Held July 23, 2026
Period Covered Quarter ended June 30, 2026
Access Link investor.igi.org

Regulatory Compliance

The intimation was signed by Nitika Dalmia, Company Secretary and Compliance Officer of International Gemological Institute Limited. The filing confirms that the information is also hosted on the main corporate website at www.igi.org for broader accessibility. This procedural step aligns with standard listing obligations for publicly traded entities in India.

About International Gemological Institute Limited

International Gemological Institute Limited, formerly known as International Gemmological Institute (India) Limited, operates as a global certification authority. With a presence in Belgium, USA, India, China, Thailand, UAE, Israel, Turkey, Italy, and Egypt, the institute provides gemological services worldwide. The company continues to adhere to Responsible Jewellery Council standards as a certified member.

Historical Stock Returns for International Gemological Institute

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-5.15%-0.29%+4.78%+3.25%-26.75%

How might the Q4FY27 financial results influence IGI's strategic expansion plans in emerging markets like China and Egypt for the upcoming fiscal year?

What impact could recent global fluctuations in diamond and colored gemstone demand have on IGI's certification volume projections for FY28?

Will IGI accelerate its adoption of blockchain or AI-driven verification technologies to maintain its competitive edge against rival certification bodies?

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