GLANDNSEGland Pharma LimitedMediumNeutral
Announced Tue, 3 Mar · 18:52 IST

Gland Pharma Limited has informed the Exchange about Options to purchase securities

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GLAND · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gland Pharma's ESOP Compensation Committee approved the grant of 1,626 Employee Stock Options to 1 employee under the ESOP 2025 scheme on March 03, 2026. Of these, 1,073 options are priced at ₹897.40 per share (50% of the NSE closing price on March 02, 2026, since March 03 was a trading holiday), and 553 options are priced at ₹1 (face value). The options will vest in three tranches: 34% on March 03, 2027, 33% on March 03, 2028, and 33% on March 03, 2029, with a maximum exercise window of two years from each vesting date. The grant complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.

Likely market impact

This is a small, routine ESOP grant with minimal dilution (1,626 shares). It is unlikely to have any material impact on the stock price or existing shareholders, though it signals continued use of stock-based compensation to retain talent.