Pine Labs grants 26.1 lakh ESOP options to employees
PINELABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pine Labs has granted 26,10,989 employee stock options under its ESOP 2025 scheme, approved by the Nomination and Remuneration Committee on June 19, 2026. Of these, 19,05,257 options are priced at INR 150.70 each (3-month VWAP discounted by 10%), and 7,05,732 options are priced at INR 5.40 each. The grant is within the shareholder-approved pool of about 10.21 crore options. No options are vested yet, with vesting over 36 to 48 months and a 5-year exercise window from the vesting date.
Mild future dilution from new ESOP grants. Aligned with long-term employee retention. Grant stays within shareholder-approved limits, so impact is limited.