Exercise price on ESOP allotment corrected to Rs.404.80 per share from Rs.440.80
The company has corrected a typing error in its October 28, 2026 intimation about allotment of ~1.04 lakh equity shares under the Raymond Realty Employees Stock Option Plan 2025.
By ScoutQuest · · 1 min read
- Corrected Exercise Price
- Rs.404.80 per share
- Corrected Premium
- Rs.394.80 per share
- Shares Allotted
- ~1.04 lakh equity shares
What the update says
The company has written to the exchanges to correct two figures in its earlier disclosure dated October 28, 2026, which concerned the allotment of ~1.04 lakh equity shares of face value Rs.10/- each under the Raymond Realty Employees Stock Option Plan 2025.
The correction
- The exercise price per share was stated as Rs.440.80/- per share; the correct figure is Rs.404.80/- per share.
- As a result, the premium per share was stated as Rs.430.80/- per share; the correct figure is Rs.394.80/- per share.
The company describes both as typing errors and asks the exchanges to read the correct prices of Rs.404.80/- and Rs.394.80/- respectively.
Why it matters
The exercise price is what an employee pays to buy each share under the ESOP. A lower exercise price than originally disclosed means the shares were issued to employees at a slightly lower price per share than the earlier intimation suggested. The premium is simply the exercise price minus the face value of Rs.10/- per share, so it moves automatically with the exercise price correction.
What does not change
The number of shares allotted, ~1.04 lakh equity shares, and their face value of Rs.10/- each are unchanged in this clarification.
How to read it
This is a correction of a clerical error in an annexure to an earlier disclosure, not a new allotment or a new decision. The company has restated the figures so the public record matches the actual terms of the ESOP allotment.
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More numbers
- Equity shares allotted under ESOP 20251,04,211 Equity Shares
- Face value per equity shareRs.10/- each
- Corrected exercise price per shareRs.404.80/- per share
- Corrected premium per shareRs.394.80/- per share
- Exercise price earlier stated (inadvertent)Rs.440.80/- per share
- Premium earlier stated (inadvertent)Rs.430.80/- per share
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