IIFL Capital Services Limited has informed the Exchange regarding Grant of 173158 Options.
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The Nomination and Remuneration Committee of IIFL Capital Services approved two actions on September 29, 2025. First, 107,610 equity shares were allotted to employees who exercised their existing stock options under the IIFL ESOS-2018 scheme, raising the total equity base from 310,260,219 to 310,367,829 shares of Rs. 2 face value. Second, 173,158 fresh stock options were granted to identified employees at an exercise price of Rs. 273.80 per option. These new options will vest over 4 years and can be exercised within 7 years from the grant date, and the scheme is compliant with SEBI's SBEB Regulations, 2021.
Minor dilution for existing shareholders — the share base grew by about 0.035% from the new allotments, and the fresh options could add further dilution if exercised. The Rs. 273.80 exercise price serves as a benchmark for employee incentive alignment with shareholders, but the overall impact on stock price is negligible.