Banka BioLoo Limited has informed the Exchange regarding Grant of 21000 Options.
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Banka BioLoo Limited has granted 21,000 stock options to eligible employees under its Employees Stock Option Plan (ESOP) 2023, as approved by the Nomination and Remuneration Committee on 30 December 2025. Each option is convertible into one equity share of face value Rs. 10, and the exercise price has been set at face value (Rs. 10 per share). The options will vest in four equal instalments of 25% each over 1, 2, 3, and 4 years from the grant date, with a 2-year exercise window after each vesting. The shares issued upon exercise will have no lock-in period. The scheme is compliant with SEBI (SBEBASE) Regulations, 2021.
This is a routine ESOP allotment disclosure with a small dilution of 21,000 shares. Since the exercise price equals face value, it is mildly dilutive for existing shareholders but not material to the stock price or shareholder value.