Announced Wed, 12 Aug · 11:02 IST
Board approves ITTL ESOP 2026, up to 2 lakh stock options for employees
INDOTECH · price
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Price reaction · full curve 14 horizons · vs prior close
-6.6%1-day move
₹3720.20
prior close
₹3607.00
base price
In-mkt
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AI summary
Board of Indo Tech Transformers approved the ITTL ESOP 2026 scheme on August 11, 2026. Pool size is 2 lakh stock options, exercisable into 2 lakh equity shares of face value Rs 10 each, at an exercise price of Rs 10. No grants made yet. Scheme subject to shareholder approval at the upcoming AGM. Will be administered by the Nomination and Remuneration Committee under SEBI SBEB and SE Regulations 2021.
Likely market impact
Potential dilution of up to 2 lakh shares if all options are exercised. Needs shareholder approval at the upcoming AGM before the scheme takes effect.