Announced Tue, 23 Jun · 12:58 IST
Manappuram Finance board grants 4.28 lakh ESOPs, defers fund raising plan
Board & Shareholder Meetings View source PDF
MANAPPURAM · price
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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹328.10
prior close
₹319.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1+0.0+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, with exercise price at up to 20 percent discount to market price. Vesting period ranges from 1 to 5 years. The board deferred a proposal to raise funds up to Rs. 1,00,000 crore via listed NCDs, Bonds, and Commercial Papers, pending shareholder approval. Two officials, Mr. Manikandan T.G. and Mr. Satheesh Kumar M., were reclassified as non-SMPs due to internal reporting realignment.
Likely market impact
Minor dilution from 4.28 lakh ESOPs. Fund raising of up to Rs.1 lakh crore deferred. Management reclassification is internal and minor.