Godrej Agrovet grants 3,347 stock options, 10,958 lapse

Capital Market Events View source PDF Explain this filing

GODREJAGRO · price

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Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹656.75

prior close

₹671.05

announcement price

In-mkt

timing

Nifty Microcap 250market+1.3%+0.8% vs market

Animal Feed peers, median of 6sector-0.1%+2.1% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 2.1 pts more than its Animal Feed peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+1.3+0.8-0.1+2.1

Next day

+2.8-0.2+3.0+0.0+2.8

+0.4+0.1+0.3+0.0+0.4

-2.1-1.5-0.6-1.3-0.9

-3.3-0.5-2.8-0.6-2.7

-5.5-0.8-4.7-3.6-1.8

-2.2-2.0-0.2-3.3+1.1

15d

-5.6-3.4-2.2-3.3-2.2

-7.7-9.9+2.2-8.8+1.1

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UpDownMarket · Nifty Microcap 250Sector · Animal Feed peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Godrej Agrovet informed exchanges that its Nomination and Remuneration Committee approved grant of 3,347 stock options to eligible employees under the Employees Stock Grant Scheme 2018 at an exercise price of Rs 10 per option. Each option converts to one equity share of face value Rs 10, vesting over 3 years. Separately, 10,958 previously granted options lapsed due to employees leaving the company.

Likely market impact

Routine ESOP update; minor net reduction of 7,611 options. No material impact on share price or shareholder value.