Crompton Greaves Consumer Electricals Limited has informed the Exchange regarding Grant of 20983 Options.
CROMPTON · price
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Crompton Greaves Consumer Electricals has informed the exchanges that its Nomination and Remuneration Committee approved the grant of 20,983 stock options to eligible employees under the Employee Stock Option Plan 2019, effective July 18, 2025. Each option is convertible into one equity share of face value ₹2, at an exercise price of ₹351.85, which is the closing market price on NSE on July 15, 2025. The scheme is compliant with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. Vested options can be exercised within 5 years of vesting. The grant is relatively small in scale compared to the company's overall size and represents a standard employee incentive action.
Minor dilution risk as the grant size is small and options are issued at current market price, meaning employees benefit only if the stock rises above ₹351.85. Neutral to slightly positive for shareholder sentiment as it signals retention of talent, with no cash outflow for the company.