LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange about General Updates
LLOYDSENGG · price
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Lloyds Engineering Works has granted a total of 82 lakh Employee Stock Options (ESOPs) at an exercise price of ₹9.50 per option under its ESOP 2021 plan, as approved by the Nomination and Remuneration Committee on March 31, 2026. Of these, 69.71 lakh options were given to employees of the company and 12.29 lakh to employees of its subsidiary, Techno Industries. If all options are exercised, the company would raise around ₹7.79 crore and issue 82 lakh new equity shares. The vesting date is March 31, 2026, with a 3-year exercise window, and the company has stated the impact on diluted earnings per share is negligible.
The ESOP grant could lead to some dilution for existing shareholders if all options are exercised, but the company itself considers the impact on diluted EPS as negligible. The low exercise price of ₹9.50 may be attractive to employees but could be dilutive if the market price is significantly higher, so investors should watch future share count changes.