Cyient Limited has informed the Exchange regarding 'Grant of Stock Options'.

Cyient Limited has informed the NSE that the company has granted stock options to eligible employees under its Employee Stock Option Plan (ESOP). This is a routine corporate action where the company issues fresh stock options to employees as part of their compensation or retention package. The exact number of options granted, the exercise price, and the vesting schedule are not specified in the headline. Such grants are part of Cyient's ongoing ESOP scheme and are typically approved by the company's board and shareholders in advance. Once vested and exercised, these options will result in the issuance of new equity shares, leading to a marginal dilution of existing shareholders' stake.