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CREST · price
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Crest Ventures Ltd's Nomination and Remuneration Committee approved the transfer of 2,000 equity shares (face value INR 10 each, fully paid-up) to eligible employees. These shares were transferred from the Crest – Employee Welfare Trust upon exercise of vested options under the ESOP Scheme 2022. The exercise price was INR 200 per option, generating INR 4,00,000 (INR 4 Lakhs) for the Trust. Total options granted under the scheme stand at 2,53,000 (ESOP Grant I: 70,000 and ESOP Grant II: 1,83,000), with 66,000 options vested as on date. There is no change in the company's paid-up equity share capital. The newly transferred shares are subject to a 12-month lock-in period from the date of credit.
This is a routine employee stock option exercise with minimal impact on the company's capital structure or shareholding. No change in share capital or EPS dilution was reported.