ESOP20 May 2026, 07:01 pm
Borosil Scientific Grants 18,700 Stock Options
AI Summary
Borosil Scientific Ltd's Nomination and Remuneration Committee approved the grant of 18,700 stock options under its Employee Stock Option Scheme on May 20, 2026. Each option allows the holder to apply for one equity share of Re.1 each. The options were granted at ₹108 per option, a ~10% discount on the market price. The options vest over four years, with 25% vesting annually. The exercise period is 5 years from the vesting date.
Key Highlights
- Borosil Scientific grants 18,700 stock options to employees.
- Options granted at ₹108 each, a 10% discount to market price.
- Vesting occurs over four years, 25% annually.
- Exercise period is five years from the date of vesting.
Price Impact
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