Focus Lighting and Fixtures Limited has informed the Exchange regarding Exercise of 124680 ESOP Shares by eligible employees.
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Focus Lighting and Fixtures Limited has completed the transfer of 1,24,680 equity shares from its Employees Welfare Trust to eligible employees who exercised their stock options under the ESOP Plan 2019. The exercise price was Rs. 12.6 per option, generating Rs. 15.7 lakh for the company. Eight employees participated in this exercise round on April 23, 2026. In total, 25 lakh options have been granted under the plan with 24.72 lakh vested, and a significant portion has already been exercised across multiple rounds since 2023. The company's face value was split from Rs. 10 to Rs. 2 per share in October 2023.
This represents a modest dilution of approximately 0.28% of total shares (1,24,680 out of total outstanding). The exercise price of Rs. 12.6 is significantly below market price, indicating employee benefit. Diluted EPS stands at negative Rs. 0.10, suggesting limited immediate impact on per-share metrics.