Question
On April 1, 2024, a listed company grants 5,000 stock options to its employees. The Fair Value per option on the Grant Date is ₹120. The options are subject to a 3-year service condition, vesting equally at the end of each year (graded vesting). What is the total expense to be recognized in the Statement of Profit and Loss for the financial year ending March 31, 2025?
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