NSEGeneral Updates23 Jul 2026 · 23 Jul 2026, 04:40 pm
General Updates
International Gemological Institute Limited · IGIL
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International Gemological Institute Limited has informed the Exchange about the grant of 629,814 stock options to eligible employees under the IGI Employee Stock Option Plan - 2024.
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Growth Catalyst2/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
International Gemological Institute Limited has informed the Exchange about Grant of Options under IGI Employee Stock Option Plan - 2024
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IGIINDIA_23072026164025_Outcome_-_NRC_-_ESOP.pdf
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July 23, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G
Dalal Street, Fort, Bandra Kurla Complex
Mumbai - 400 001 Bandra (East), Mumbai - 400 051
BSE Scrip Code: 544311 NSE Symbol: IGIL
Subject: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) for Grant of Options under IGI
Employee Stock Option Plan - 2024
Dear Sir/Madam,
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Nomination and
Remuneration Committee of the Company, at its meeting held today i.e., Thursday, July 23, 2026, has approved
grant of 629,814 Stock Options to eligible employee of the Company under the IGI Employee Stock Option Plan
– 2024.
The details as required under Regulation 30 of the Securities Exchange of Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure A.
The aforesaid information will also be made available on the Company's website at www.igi.org.
This is for your information and record.
Thanking you,
Yours faithfully,
For International Gemological Institute Limited
Nitika Dalmia
Company Secretary and Compliance Officer
Encl: a/a
Annexure A
As required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr. No. Particulars Details
1. Brief details of options granted 629,814 (Six Lakh Twenty - Nine Thousand Eight Hundred
and Fourteen Only) Employee Stock Options (“Options”)
have been granted by the Nomination and Remuneration
Committee (“NRC”) in terms of the IGI Employee Stock
Option Plan 2024 (“IGI ESOP Plan 2024”)
2. Whether the scheme is in terms of the Yes
Securities and Exchange Board of India
(Share Based Employee Benefits and
Sweat Equity) Regulations, 2021
3. Total number of shares covered by 629,814 (Six Lakh Twenty - Nine Thousand Eight Hundred
these options and Fourteen Only) Employee Stock Options exercisable
into not more than 629,814 (Six Lakh Twenty - Nine
Thousand Eight Hundred and Fourteen Only) equity shares
of face value of Rs. 2/- (Rupees Two Only) each fully paid-
4. Pricing formula As determined by the NRC and in line with the IGI ESOP
Plan 2024
5. Options vested Not Applicable
6. Time within which option may be As per the IGI ESOP Plan 2024 and the Grant letters
exercised
7. Options exercised Not Applicable
8. Money realized by exercise of options Not Applicable
9. The total number of shares arising as a Not Applicable
result of exercise of option
10. Options lapsed Not Applicable
11. Variation of terms of options Not Applicable
12. Brief details of significant terms As mentioned in the Grant letter
13. Subsequent changes or cancellation or Not Applicable
exercise of such options
14. Diluted earnings per share pursuant to Not Applicable
issue of equity shares on exercise of
options.