India Shelter Finance Corporation Limited has informed the Exchange regarding Grant of 42000 Options.
INDIASHLTR · price
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India Shelter Finance Corporation has informed the stock exchanges about the grant of 42,000 stock options to eligible employees under its Employee Stock Option Scheme 2021. The Nomination and Remuneration Committee approved this grant at a meeting held on May 9, 2025. Each option covers one equity share of Rs. 5 face value, with a 5-year exercise window from the date of first vesting. The exercise price will follow the formula defined in the ESOP 2021 scheme, and no options have been vested, exercised, or lapsed yet.
This is a routine ESOP allotment and a small grant relative to the company's share base, so the dilutive impact on existing shareholders is negligible. It signals ongoing employee incentivisation but is unlikely to materially affect the stock price.