India Shelter Finance Corporation Limited has informed the Exchange regarding Grant of 174000 Options.
INDIASHLTR · price
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India Shelter Finance Corporation has granted 1,74,000 stock options to eligible employees under its Employee Stock Option Scheme 2023. The grant was approved by the Nomination and Remuneration Committee on August 21, 2025 via a circular resolution. Each option has a face value of Rs. 5 and must be exercised within 5 years from the date of first vesting. The exercise price follows the pricing formula defined in the ESOP 2023 scheme.
This is a routine employee compensation action and represents a small dilution of about 1,74,000 equity shares. It is unlikely to have a material impact on the stock price, though it signals the company is using equity incentives to retain employees.