Grant of 82,158 options under ESOP Scheme 2016 at Rs. 2/- per option
The company has granted 82,158 employee stock options.
By ScoutQuest · · 1 min read
- Options Granted
- 82,158 options
- Exercise Price
- Rs. 2/- per option
- Vesting Period
- 3 (three) years; exercisable within 5 (five) years from date of vesting
What the company has disclosed
The Nomination and Remuneration Committee of the Board, at its meeting held on October 22, 2026, granted 82,158 options to eligible employees under the company's Employees Stock Option Scheme 2016 (ESOP 2016).
Key terms of the grant
- Number of options: 82,158 options
- Conversion: each option is exercisable into an equal number of fully paid-up equity shares of the company
- Exercise price: Rs. 2/- per option
- Vesting: over a period of 3 (three) years
- Exercise window: within 5 (five) years from the date of vesting
How an ESOP works
An employee stock option is a right given to employees to buy shares of the company at a fixed price later. Here, the fixed price is Rs. 2/- per option. This is the price the employee pays the company when the option is exercised, not the market price of the share.
Vesting means the employee has to wait before the right becomes usable — in this case, spread across 3 (three) years. Once vested, the employee has 5 (five) years from the vesting date to actually exercise the option.
What it means at the company level
If all 82,158 options are exercised, an equal number of new fully paid-up equity shares would be issued. That would increase the total number of shares in circulation, which is what investors commonly call dilution. The extent of that dilution depends on the company's total share capital.
What to watch
- Whether these options are actually exercised, since vesting takes place over 3 (three) years
- The pace of similar grants going forward, as repeated ESOP grants add to the eventual share count
- That the grant itself is an employee compensation decision and does not involve any cash inflow to the company at the time of grant
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More numbers
- Options granted82,158
- Exercise price per optionRs. 2/-
- Vesting period3 (three) years
- Exercise period from date of vesting5 (five) years
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