INDOBORAXNSEIndo Borax & Chemicals LimitedMediumNeutral
Announced Tue, 30 Jun · 11:43 IST

ESOP 2026: 16.89 Lakh Stock Options Granted to Employees

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INDOBORAX · price

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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹383.00
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3+2.6+2.3+4.5+7.8+14.4+12.2
Up moveDown movePending
AI summary

Indo Borax & Chemicals has granted 16,88,950 stock options to eligible employees under its new ESOP 2026 plan. Each option converts to one equity share with face value of Re. 1. Exercise price is fixed at Re. 1 per option. Vesting starts after 1 year and extends up to 5 years from grant date, with a 5 year exercise window post-vesting. Scheme complies with SEBI (Share Based Employee Benefits) Regulations, 2021. No options exercised yet.

Likely market impact

Minor future dilution possible as options vest and get exercised over 1-5 years. Low exercise price (Re.1) keeps scheme modest in scale.