Filatex India Limited has informed the Exchange regarding 'Granting Of 2,50,000 Stock Options'.
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Filatex India Limited has granted 2,50,000 stock options to an eligible employee of its wholly owned subsidiary, Texfil Private Limited, under the Filatex Employee Stock Option Scheme 2015. Each option is convertible into one equity share at an exercise price of Rs. 59.00 per option. The options will vest over five years in four installments — 15% after 2 years, 20% after 3 years, 25% after 4 years, and 40% after 5 years. The grant was approved by the Nomination and Remuneration Committee on 23rd July 2025.
This is a routine employee compensation event and may lead to minor dilution of existing shareholders once options are exercised. It is unlikely to have a material impact on the stock price in the short term.