Announced Tue, 21 Jul · 18:06 IST
IIFL Capital grants 1.29 lakh stock options, allots 13.56 lakh shares under ESOS 2018
Capital Market Events View source PDF
IIFLCAPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹339.80
prior close
₹339.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.8+1.1+0.6-0.1-0.0-0.6-1.0——————
Up moveDown movePending
AI summary
NRC of IIFL Capital Services approved allotment of 13,55,979 equity shares to employees upon exercise of stock options under IIFL ESOS 2018. This raised the equity base from about 31.34 crore to 31.48 crore shares of Rs 2 each. Additionally, 1,29,493 new stock options were granted to identified employees at Rs 338.30 per option, vesting over 4 years and exercisable within 7 years from grant date.
Likely market impact
Mild dilution from new share allotment. ESOP grants align employee interests with shareholders; exercise price at Rs 338 signals moderate upside view.