Aurum PropTech Limited has informed the Exchange about Grant of 90,000 stock option to the eligible employees under the Aurum PropTech Employee Stock Option Plan 2021
AURUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aurum PropTech Limited has granted 90,000 stock options to eligible employees under its Employee Stock Option Plan 2021. This is part of the company's existing ESOP scheme, which was set up to reward and retain employees by giving them the right to buy shares at a pre-decided price in the future. The grant size of 90,000 options is relatively small compared to typical share capital bases. Such grants are routine corporate actions and are usually approved by the board and disclosed to the exchange for transparency.
Minor dilution for existing shareholders once options are exercised; generally a positive sign as it aligns employee interests with shareholders, but not typically a stock-moving event on its own.