Grant of 246,340 stock options to eligible employees
AXISCADES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board approved 246,340 stock options for eligible employees under the ESOP 2018 Series 1 and 2. Each option allows the holder to buy one share at Rs 1,440 after vesting. The options can be exercised within eight years of the grant date.
If fully exercised, existing holdings may be diluted, while the grant may help retain employees and potentially bring in about Rs 35.47 crore.