ICRA · price
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ICRA Limited has announced the grant of 8,070 stock options to employees of the company and its subsidiaries under the Employees Stock Option Scheme, 2018 (ESOS 2018). The effective date of grant is July 1, 2026, with an exercise price of Rs. 10 per option. The Nomination and Remuneration Committee approved these grants at its meeting held on May 20, 2026. The options will vest over a period of 3 years from the vesting date. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The ESOP grant is a routine employee compensation mechanism and will have a minor dilutive impact on shareholder equity when options are exercised. The fixed exercise price of Rs. 10 is at face value, which aligns with standard ESOP pricing norms. This disclosure is primarily for transparency and has no immediate material impact on the stock.