BSECompany Update6d ago · 14 Aug 2026, 01:32 pm
Grant of Options under Zaggle ESOP 2022
Zaggle Prepaid Ocean Services Ltd · 543985
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Zaggle Prepaid Ocean Services Ltd has granted 2,50,000 stock options under the Zaggle ESOP 2022 scheme, with an exercise price of ₹ 151 per option, determined as a 25% discount to the closing market price of the share prior to the meeting.
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Zaggle Prepaid Ocean Services Ltd - 543985 - Announcement Under Regulation 30 - SEBI (LODR) Regulations- Grant Of Options
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ZAGGLE/26-27/59
August 14, 2026
To To
Listing Department The Corporate Relations Department
NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED
Exchange Plaza, Plot No C/1, G Block Phiroz Jeejeebhoy Towers
Bandra Kurla Complex, Bandra (East) 25th Floor, Dalal Street
Mumbai -400 051, Maharashtra Mumbai -400 001, Maharashtra
Company Symbol: ZAGGLE Company Scrip Code: 543985
Dear Sir / Madam,
Sub: Intimation for Grant of Options under Zaggle Employee Stock Option Scheme 2022
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, this is to inform you that the Nomination and
Remuneration Committee / Compensation Committee, in its meeting held today i.e. Friday, August 14,
2026 has inter-alia approved granting of 2,50,000 (Two Lakhs Fifty Thousand) Options to Eligible
Employee of the Company under Zaggle Employee Stock Option Scheme 2022( Zaggle ESOP 2022).
We are enclosing herewith the details in Annexure A as prescribed under Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular
Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The Nomination and Remuneration Committee / Compensation Committee meeting commenced at
12:45 PM (IST) and concluded at 01:15 PM (IST).
You are requested to take the information on record.
Thanking you
Yours faithfully,
For Zaggle Prepaid Ocean Services Limited
Hari Priya
Company Secretary and Compliance Officer
Encl: As above
Annexure A
S No Particulars Response
1 Brief details of options granted 2,50,000 Stock Options have been granted under
Zaggle ESOP 2022 as determined by Nomination and
Remuneration Committee/ Compensation
Committee.
2 Whether the scheme is in terms of Yes, Zaggle ESOP 2022 is in accordance with the
SEBI (SBEB) Regulations, 2021 (if terms of Securities and Exchange Board of India
applicable) (Share Based Employee Benefits and Sweat Equity)
Regulations, 2021.
3 Total number of shares covered by Each Stock Option is convertible into one fully paid
these options up equity share having face value of ₹ 1/- each.
2,50,000 equity shares of face value of ₹ 1/- each are
covered by stock options granted.
4 Pricing formula Exercise Price is ₹ 151/- per stock option.
The exercise price has been determined as 25%
discount to the closing market price of the share of
the Company prior to the one day of the meeting in
which the options are granted i.e. August 13, 2026.
5 Options vested Not applicable
6 Time within which option may be The option grantee is entitled to exercise his options
exercised from the first date of vesting till the expiry of ten
years from the vesting of final tranche of the granted
Options except for specific cases provided for in
Clause 17 (d) of the Zaggle ESOP 2022 like
resignation, death etc., the exercise period shall be
as specified therein.
An option granted shall be exercisable according to
the terms and conditions as determined by the
Nomination and Remuneration Committee/
Compensation Committee and set forth in the Grant
Letter.
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 The Zaggle ESOP 2022 is administered by the
Nomination and Remuneration Committee/
Compensation Committee.
The Zaggle ESOP 2022 provides for the manner in
which Stock Options would be dealt with in case of
death, permanent incapacity, resignation,
termination, retirement, abandonment etc.
In case of any corporate action(s) such as rights issue,
bonus issue, split or consolidation of equity shares,
merger/amalgamation or sale of division/
undertaking or other reorganization etc., requisite
adjustments (which may include adjustments to the
number of Stock Options in Zaggle ESOP 2022) shall
be appropriately made, in a fair and reasonable
manner in accordance with Zaggle ESOP 2022.
The equity shares allotted, pursuant to the exercise
of the Stock Options, would not be subject to lock-in.
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