Trustedge Capital Cancels and Regrants 24,967 Employee Stock Options Under TEDGE ESOS 2025
Trustedge Capital Limited's Nomination and Remuneration Committee, at its meeting on May 12, 2026, cancelled 24,967 unvested stock options under TEDGE ESOS 2025 following an employee's resignation, and subsequently approved a fresh grant of 24,967 stock options to eligible employees on the same date. Each option is convertible into one equity share at a face value of ₹ 10/- each, granted at face value in compliance with SEBI (SBE) Regulations, 2021. Vested options are exercisable within 5 years from the date of vesting, and the cancelled options have been returned to the option pool for future grants.
*this image is generated using AI for illustrative purposes only.
The Nomination and Remuneration Committee of Trustedge Capital Limited (formerly known as Adinath Exim Resources Limited) convened a meeting on May 12, 2026, and passed resolutions approving two key actions under the Trustedge Employee Stock Option Scheme 2025 (TEDGE ESOS 2025): the cancellation of unvested stock options and a fresh grant of stock options to eligible employees. The company made this disclosure to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Cancellation of Unvested Stock Options
The committee took note of the cancellation of 24,967 unvested stock options that had been previously granted to an employee under the TEDGE ESOS 2025. The cancellation was triggered by the resignation of the employee to whom the options were originally granted. As per the terms of the scheme, the cancelled options have been added back to the option pool and will be available for future grants in accordance with applicable laws.
| Parameter: | Details |
|---|---|
| Scheme Name: | Trustedge Employee Stock Option Scheme 2025 (TEDGE ESOS 2025) |
| Total Options Cancelled: | 24,967 |
| Reason for Cancellation: | Resignation of the employee to whom options were granted |
| Status of Cancelled Options: | Added back to the option pool for future grants |
Fresh Grant of Stock Options
Following the cancellation, the Nomination and Remuneration Committee approved the grant of 24,967 stock options to eligible employees under the TEDGE ESOS 2025, with an effective grant date of May 12, 2026. Each option is convertible into one equity share of the company at a face value of ₹ 10/- each. The options have been granted at face value, i.e., ₹ 10, pursuant to the applicable provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
| Parameter: | Details |
|---|---|
| Options Granted: | 24,967 |
| Effective Grant Date: | May 12, 2026 |
| Face Value per Share: | ₹ 10/- |
| Total Shares Covered: | 24,967 equity shares of face value ₹ 10/- each |
| Pricing Formula: | Face value, i.e., ₹ 10 |
| Exercise Period: | Within 5 years from the date of vesting, or such other period as determined by the Committee |
| Scheme Compliance: | SEBI (SBE) Regulations, 2021 |
Key Terms of TEDGE ESOS 2025
The TEDGE ESOS 2025 is administered by the Nomination and Remuneration Committee. The scheme outlines the following significant terms:
- Objective: To align the interests of employees with the long-term goals of the company by offering them an opportunity to become shareholders.
- Purpose: Designed to compensate and recognize performance, attract and retain talent, and drive future growth.
- Grant Basis: Options shall be granted based on one or more pre-defined performance conditions as determined by the Committee.
- Exercise Window: Vested options may be exercised anytime within the exercise window(s) as intimated by the company, provided it is within a period of 5 years from the date of vesting or such other period as determined by the Committee. All vested options can be exercised by the option grantee at one time within the exercise period.
The disclosure, along with Annexure-A containing details as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, has been uploaded on the company's website. The intimation was signed by Manoj S. Savla, Chairman & Managing Director of Trustedge Capital Limited.
Historical Stock Returns for Trustedge Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | -4.55% | +2.60% | +80.46% | +238.43% | +3,231.33% |
How might Trustedge Capital's decision to grant options at face value (₹10) rather than market price impact employee retention and the company's ability to attract senior talent compared to industry peers?
Given that the entire cancelled option pool was immediately re-granted to new eligible employees, what does this suggest about the company's talent acquisition strategy and pipeline under its rebranding from Adinath Exim Resources?
How could the 5-year exercise window post-vesting under TEDGE ESOS 2025 influence the potential dilution of existing shareholders' equity as the company scales its operations?
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