CERANSECera Sanitaryware Limited· Ceramics And SanitarywareLowNeutral
Announced Wed, 17 Jun · 19:19 IST

Cera Sanitaryware: Employees exercise 2,109 stock options under ESOS 2024

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CERA · price

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Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹6155.50
prior close
₹6156.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.7+0.7+0.9+4.8+9.2+4.2+3.2+2.8+4.8+2.8+0.6
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AI summary

Cera Sanitaryware informed the exchange that eligible employees exercised 2,109 stock options out of 2,244 vested options under the ESOS 2024 scheme. The options were granted on 5 June 2024 and vested on 5 June 2026. Exercise price is Rs. 5 per share, realizing Rs. 10,545 in total. Shares will be transferred from the CERA Employees Welfare Trust via the secondary market, so there is no change in the paid-up equity share capital.

Likely market impact

Routine ESOP exercise with no dilution since shares are sourced from the secondary market. Minimal impact on shareholders.