FORTISNSEFortis Healthcare Limited· MiscellaneousLowNeutral
Announced Thu, 23 Apr · 14:07 IST

Fortis Healthcare Limited has informed the Exchange about General Updates

FORTIS · price

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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹923.00
prior close
₹927.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.2+0.0+0.9+3.7+3.6+1.2-0.1+3.0+4.2+5.3+5.0+2.3
Up moveDown movePending
AI summary

Fortis Healthcare's Nomination & Remuneration Committee has approved the grant of 1,32,05,200 stock options to eligible employees under the ESOP 2026 scheme. Each option entitles the holder to one equity share of Rs. 10 face value at an exercise price of Rs. 923.10 per option, based on the closing price on April 22, 2026. The options will vest over a maximum period of 3 years from the grant date, and once vested, can be exercised within 4 years. The scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. No options have been exercised or lapsed yet as this is an initial grant.

Likely market impact

This is a routine ESOP grant announcement with no immediate shareholder impact. Potential dilution of approximately 1.32 crore shares may occur over the vesting period, which could have a marginal impact on EPS when exercised.