Announced Thu, 16 Jul · 17:24 IST
KP Energy grants 6,189 stock options to employee under ESOP 2023
Business Updates View source PDF
KPEL · 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
-1.2%1-day move
₹321.75
prior close
₹322.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.6-0.0-0.4-1.2-4.0-4.6-5.2-6.4—————
Up moveDown movePending
AI summary
K.P. Energy's Nomination and Remuneration Committee approved grant of 6,189 stock options to an eligible employee under the KP Energy ESOP 2023 plan. Each option is convertible into one equity share of Rs 5 face value at an exercise price of Rs 33 per share. Vesting happens over 4 years in tranches of 25 percent, 25 percent, 35 percent and 15 percent with a minimum 1 year vesting period. Vested options must be exercised within 3 months of vesting.
Likely market impact
Minor dilution from 6,189 shares; reflects employee retention effort under SEBI-compliant ESOP plan.