COHANCEBSECOHANCE LIFESCIENCES LTDLowNeutral
Announced Thu, 23 Jul · 21:27 IST

ESOP allotments and grants; 30,190 shares issued, up to 1.97 crore options granted

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COHANCE · price

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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹421.80
prior close
₹420.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.6-0.5-0.7+1.0
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AI summary

Cohance Lifesciences allotted 30,190 equity shares at INR 268.18 to employees who exercised vested options under ESOP 2023. The Nomination and Remuneration Committee also approved the new ESOP 2026 scheme with up to 1,97,48,317 stock options at a minimum exercise price of INR 325, plus 1,74,843 options under ESOP 2023 at INR 495. Separately, 1,87,703 options granted in March 2026 and up to 17,90,532 voluntarily surrendered options were cancelled. Total issued shares after this allotment stand at 38,25,97,330.

Likely market impact

Minor immediate dilution from 30,190 shares. New ESOP 2026 plan may issue up to 1.97 crore shares over time, aligning employees with shareholders.