ICRANSEICRA Limited· FinanceMinimalNeutral
Announced Wed, 20 May · 18:04 IST

ICRA Limited has informed the Exchange about Options to purchase securities

ICRA · price

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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹5409.00
prior close
₹5360.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+1.6+1.1+1.2-0.6+0.2-0.9-0.6-0.6-4.6-5.3-3.3-4.6
Up moveDown movePending
AI summary

ICRA Limited has granted 8,070 stock options to employees of the company and its subsidiaries under the Employees Stock Option Scheme 2018 (ESOS 2018). The effective grant date is July 1, 2026, with an exercise price of Rs. 10 per option. The options can be exercised within 3 years from the vesting date. The shares are currently held by the ICRA Employees Welfare Trust. This disclosure is made under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021, and Regulation 30 of the Listing Regulations.

Likely market impact

Minor potential dilution for existing shareholders. The exercise price of Rs. 10 is significantly below market price, which means meaningful dilution when options are eventually exercised. However, the volume is relatively small (8,070 shares), limiting the impact.