Avalon Technologies Limited has informed the Exchange about Options to purchase securities
AVALON · price
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Awaiting price reaction for this filing.
Avalon Technologies' Nomination and Remuneration Committee approved the grant of 50,000 Employee Stock Options (ESOPs) to eligible employees on August 5, 2025, under the Avalon ESOP Plan 2022 (Grant Round IV). The options are within the shareholder-approved limit of 30 lakh options. Each option is priced at INR 700, which is a 20% discount to the latest available closing price on NSE prior to the grant date. The options will vest over three years (34% in year one, 33% in year two, 33% in year three), with a maximum exercise window of three years from each vesting date. The scheme complies with SEBI (SBEB) Regulations, 2021.
This is a routine ESOP grant and represents only a tiny fraction (about 1.67%) of the total approved ESOP pool, so it should have minimal dilution or price impact. The 20% discount to market is standard for employee stock options and aligns employee interests with shareholders, which is generally viewed as a positive retention signal.