ESOP29 Oct 2026, 01:43 pm
IIFL Capital Services Grants 29,713 Stock Options
AI Summary
IIFL Capital Services Limited announced the grant of 29,713 stock options to identified employees under the "IIFL Securities Limited Employee Stock Option Scheme - 2018". Each option is convertible into one equity share. The exercise price is ₹346.20 per option, with vesting over four years and an exercise period of seven years from the grant date. Additionally, the company allotted 180,499 equity shares upon exercise of vested options, increasing its total equity share capital to 315,532,512 shares.
Key Highlights
- 29,713 stock options granted to employees.
- Exercise price set at ₹346.20 per option.
- Vesting occurs over four years, exercise within seven years.
- 180,499 new equity shares allotted upon option exercise.
- Company's equity base increased post-allotment.
Price Impact
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