Go Digit General Insurance Grants 25.05 Lakh Stock Options to Employees
Go Digit General Insurance Limited has announced the grant of 25,05,074 stock options to eligible employees of the company and its holding company. This grant, approved by the Nomination and Remunerat...
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Why is Go Digit General Insurance Limited in the news today?
Go Digit General Insurance Limited (GODIGIT) is in the news due to the grant of stock options is a standard employee compensation practice and does not inherently represent a positive or negative development for the company's financial performance or stock value.
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Go Digit General Insurance Grants 25.05 Lakh Stock Options to Employees
December 24, 2025, 06:07 PM
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Go Digit General Insurance Limited has announced the grant of 25,05,074 stock options to eligible employees of the company and its holding company. This grant, approved by the Nomination and Remuneration Committee through circulation on December 23rd, 2025, excludes Key Managerial Personnel.
These stock options are part of the Go Digit Employee Stock Option Plan 2018 (ESOP 2018). Each option is convertible into one equity share with a face value of ₹10. The options are granted at a price above the face value, in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Options granted under ESOP 2018 will vest between one and six years from the grant date. The exercise period for vested options is eight years from the date of vesting, or as specified in the ESOP 2018. The company has informed BSE and NSE about this grant, and the details are also available on the company's website.
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