Sapphire Foods India Limited has informed the Exchange regarding Grant of 69850 Options.
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Sapphire Foods India has informed the stock exchanges that its Nomination and Remuneration Committee approved the grant of up to 69,850 stock options to eligible employees on 28th May 2025. The grants are made under the company's ESOP Scheme IIIA (Management other than CEO), which falls under the broader Sapphire Foods Employee Stock Option Plan 2017. The exercise price has been fixed at Rs. 272 per share. The options will vest as per the terms and conditions approved by the Committee.
This is a routine employee stock option grant and is unlikely to have a material impact on the stock price. Existing shareholders may see mild dilution over time as options are exercised, but the number is relatively small compared to the company's overall share base.