IIFL Capital Services Grants 1,29,493 Stock Options

IIFL Capital Services Ltd announced the grant of 1,29,493 stock options to identified employees under the "IIFL Securities Employee Stock Option Scheme- 2018". Each option is convertible into one fully paid-up equity share. The exercise price is set at ₹338.30 per option. These options vest over a period of 4 years from the grant date and can be exercised within 7 years. The company also reported the allotment of 13,55,979 equity shares on exercise of previous options, increasing its equity base to 314,806,543 shares.