Announced Tue, 30 Jun · 11:33 IST
Indo Borax grants 16.89 lakh ESOPs to employees at Re. 1 each
Capital Market Events View source PDF
INDOBORAX · 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
-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 and Chemicals has granted 16,88,950 Employee Stock Options under its ESOP 2026 plan. Each option converts to one equity share of face value Re. 1. Exercise price set at Re. 1 per option, the minimum allowed under the scheme. Vesting happens between 1 and 5 years from grant date. The plan complies with SEBI Share Based Employee Benefits Regulations, 2021. No options are vested or exercised yet.
Likely market impact
Mild future dilution risk. Low exercise price of Re. 1 means share count could expand once employees start exercising options over coming years.