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Source: scanx.trade
12 May 2026
Laxmi India Finance Limited has announced the grant of 4,11,857 (Four Lakh Eleven Thousand Eight Hundred and Fifty Seven) stock options to eligible employees of the company under its ESOP Scheme-2023. The grant was approved by the Nomination and Remuneration Committee (NRC) of the Board at its meeting held on Tuesday, May 12, 2026, which commenced at 04:00 P.M. and concluded at 06:00 P.M. The disclosure has been made pursuant to Regulation 30 & 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), read with Schedule III and other applicable provisions.
Key Details of the Stock Option Grant
The stock options have been granted in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Each stock option is convertible into one equity share of the company, with a face value of Rs. 5/-. The following table summarises the key parameters of the grant as disclosed under Regulation 30 of SEBI LODR:
Parameter: Details Number of Options Granted: 4,11,857 (Four Lakh Eleven Thousand Eight Hundred and Fifty Seven) Scheme Name: ESOP Scheme-2023 Total Equity Shares Covered: 4,11,857 (each option convertible into 1 equity share, face value Rs. 5/-) SEBI Compliance: SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Options Vested: Not Applicable at this stage Options Exercised: Not Applicable at this stage Subsequent Changes/Cancellation: Not Applicable at this stage Diluted EPS on Exercise: Not Applicable at this stage
Pricing and Exercise Terms
The exercise price per option is determined by the NRC in accordance with the provisions of the Companies Act, 2013 and SEBI SBEB and SE Regulations, and shall not be lower than the face value of the equity shares of the company on the date of grant. The specific exercise price is communicated to each option grantee through a Grant Letter issued at the time of the grant. The exercise period shall not exceed 5 (five) years from the date of respective vesting of options, with the exact exercise period also intimated to the option grantee through the grant letter.
Vesting Schedule and Eligibility Criteria
The options shall not vest earlier than a minimum period of 1 (one) year from the grant date and shall vest over a maximum of 4 (four) years from the grant date, at the discretion of and in the manner prescribed by the NRC, as set out in the grant letters. The appraisal process for determining eligible employees is based on the following criteria:
Loyalty of the employee
Performance of the employee
Performance of the company
Such other criteria as may be determined by the NRC
The ESOP Scheme-2023 is administered by the NRC, and the grant of options is based upon the eligibility criteria as mentioned in the scheme.
Regulatory Disclosure
The disclosure has been made in accordance with Regulation 30 & 51 read with Schedule III of SEBI LODR, Regulation 12 of SEBI SBEB & SE Regulations, 2021, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure has also been hosted on the company's website at https://lifc.co.in/ . The intimation was signed by Sourabh Mishra, Company Secretary and Chief Compliance Officer (M.No-A51872), on behalf of Laxmi India Finance Limited (formerly known as Laxmi India Finance Private Limited).
Laxmi India Finance Limited (formerly known as Laxmi India Finance Private Limited) has intimated the stock exchanges of a Post Results Earnings Conference Call scheduled for May 14, 2026, at 12:30 P.M. (IST). The call has been convened to discuss the company's financial performance for the quarter and financial year ended March 31, 2026. The intimation was filed pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR").
Q4 FY26 Earnings Conference Call Details
The conference call has been hosted by Go India Advisors on behalf of the company. The following key details have been disclosed regarding the event:
Parameter: Details Event Type: Post Results Earnings Conference Call Date: Thursday, May 14, 2026 Time: 12:30 P.M. (IST) Hosted By: Go India Advisors Dial-In Numbers: +91 22 6280 1557 / +91 22 7115 8383 Regulatory Basis: Regulation 30, SEBI LODR
Company Participants
Senior management representatives have been identified to participate in the call. The following officials are scheduled to attend:
Name: Designation Mr. Deepak Baid Managing Director Mr. Gopal Krishan Sain Chief Financial Officer Mr. Piyush Somani Chief Treasury Officer
Other senior management members of the company are also expected to participate in the call.
Regulatory Disclosures
The intimation has been signed by Sourabh Mishra, Company Secretary and Chief Compliance Officer (M.No-A51872), and has been uploaded on the company's official website at www.lifc.co.in . Investors and analysts wishing to participate are advised to dial in at least 5–10 minutes prior to the scheduled time. Pre-registration is available to avoid wait time. For further information, investors may contact Rajat Gupta at Go India Advisors via rajat@goindiaadvisors.com or +91 99718 97739.
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