POLYMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Poly Medicure's Nomination and Remuneration Committee granted 17,500 stock options to employees under the ESOP 2020 scheme. Each option converts to 1 equity share at a discounted price of INR 100 per share. The options will vest after a minimum period of 1 year from the grant date (May 23, 2026), and once vested, can be exercised within 3 months. This is a routine disclosure under SEBI's Listing Obligations and Disclosure Requirements regulations, informing shareholders about employee compensation through equity incentives.
The impact is minimal and neutral for shareholders. The 17,500 shares represent a small potential dilution to existing shareholders. The options were granted at a discounted price, which is standard practice under SEBI SBEB Regulations, 2021.