Announced Tue, 23 Jun · 12:50 IST
ESOP grant, borrowing plan deferred, SMP realignment at Manappuram
Management Changes View source PDF
MANAPPURAM · 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
-2.9%1-day move
₹328.10
prior close
₹319.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0+0.1+0.1-2.9-2.9-3.7-1.5-3.6+0.2+0.2+7.7——
Up moveDown movePending
AI summary
Board approved 4,28,568 stock options under ESOP 2025 to eligible employees at a discount of up to 20 percent to market price, vesting over 1 to 5 years. Decision on raising funds via NCDs, Bonds and Commercial Papers up to Rs.1,00,000 Crore was deferred to a later board meeting. Two senior personnel, Mr. Manikandan T.G. (IT) and Mr. Satheesh Kumar M. (Administration), have been reclassified out of the SMP list due to internal reporting realignment; they have not resigned.
Likely market impact
ESOP grant is routine. SMP reclassification is internal restructuring, not resignations. Borrowing plan deferred, no immediate capital action.