Avenue Supermarts Limited has informed the Exchange about Grant of stock options under Avenue Supermarts Limited Employee Stock Option Scheme 2023
DMART · price
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Avenue Supermarts (DMART) has granted 50,000 stock options to one eligible employee under its Employee Stock Option Scheme 2023. The options are split into two categories with different vesting dates: Class A vesting on 1st September 2032 and Class B vesting on 1st September 2029. Each option converts into one equity share of Rs. 10 face value, exercisable at Rs. 4,080 per option within 3 months of vesting. The scheme complies with SEBI's SBEB Regulations 2021. This is a small grant against the approved pool of 1.5 million options, with previous grants of 1.23 million and 125,000 made in September 2023 and January 2024 respectively.
The dilution impact is negligible at just 50,000 shares, representing a very small fraction of the company's expanded share capital. The high exercise price of Rs. 4,080 suggests these are deep out-of-the-money options vesting far in the future, indicating performance-linked retention incentives rather than immediate shareholder dilution concern.