Nazara Technologies to Seek Shareholder Approval for ESOP 2025 via Postal Ballot

Nazara Technologies Limited has announced a postal ballot to seek shareholder approval for its proposed 'Nazara Technologies Employee Stock Option Scheme 2025' (ESOP 2025). The company is leveraging r...

Nazara Technologies Limited has announced a postal ballot to seek shareholder approval for its proposed 'Nazara Technologies Employee Stock Option Scheme 2025' (ESOP 2025). The company is leveraging remote e-voting for this process, with the e-voting period commencing on December 17, 2025, at 09:00 A.M. (IST) and concluding on January 15, 2026, at 05:00 P.M. (IST). The ESOP 2025 aims to attract, retain, incentivize, and motivate employees and directors by offering them stock options. The scheme allows for the grant of up to 18,52,325 equity shares of face value ₹2 each upon exercise of these options. The Nomination, Remuneration and Compensation Committee will administer the scheme, determining eligibility criteria and the quantum of options to be granted. The notice for the postal ballot, along with an explanatory statement, is being sent to shareholders via email, based on a cut-off date of December 12, 2025. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process. The results of the postal ballot are expected to be announced within two working days from the closure of e-voting.

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Why is Nazara Technologies Limited in the news today?

Nazara Technologies Limited (NAZARA) is in the news due to the announcement is a routine corporate action to seek shareholder approval for an employee stock option scheme, which is a standard practice for companies. it does not contain immediate financial performance data or significant business changes that would warrant a positive or negative sentiment.

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Nazara Technologies to Seek Shareholder Approval for ESOP 2025 via Postal Ballot

December 16, 2025, 01:30 PM

AI Sentiment Analysis

Nazara Technologies Limited has announced a postal ballot to seek shareholder approval for its proposed 'Nazara Technologies Employee Stock Option Scheme 2025' (ESOP 2025). The company is leveraging remote e-voting for this process, with the e-voting period commencing on December 17, 2025, at 09:00 A.M. (IST) and concluding on January 15, 2026, at 05:00 P.M. (IST).

The ESOP 2025 aims to attract, retain, incentivize, and motivate employees and directors by offering them stock options. The scheme allows for the grant of up to 18,52,325 equity shares of face value ₹2 each upon exercise of these options. The Nomination, Remuneration and Compensation Committee will administer the scheme, determining eligibility criteria and the quantum of options to be granted.

The notice for the postal ballot, along with an explanatory statement, is being sent to shareholders via email, based on a cut-off date of December 12, 2025. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process. The results of the postal ballot are expected to be announced within two working days from the closure of e-voting.

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