ESOP5 Nov 2026, 05:51 pm
India Shelter Finance Grants 5,88,000 Stock Options
AI Summary
India Shelter Finance Corporation Ltd announced that its Nomination and Remuneration Committee has approved the grant of 5,88,000 Stock Options to eligible employees under the Employee Stock Option Scheme 2025. The options have a face value of Rs. 5 each. The vesting period and exercise details are as defined within the ESOP Scheme 2025, with a potential exercise window of 5 years and 3 months from the first vesting date. This move is intended to incentivize and retain key personnel.
Key Highlights
- 5,88,000 stock options granted to employees.
- Options are under the Employee Stock Option Scheme 2025.
- Face value of each option is Rs. 5.
- Exercise terms defined by the ESOP Scheme 2025.
- Grant aims to incentivize and retain employees.
Price Impact
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