SBFC Finance Limited has informed the Exchange regarding Grant of 49,97,000 StockOptions under the SBFC Stock Option Policy 2024 I.
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SBFC Finance has granted 49.97 lakh stock options to its eligible employees under the SBFC Stock Option Policy 2024 – I, approved by the Nomination and Remuneration Committee via circular resolution on 25 July 2025. Each option is convertible into one equity share of Rs. 10 face value, with the exercise price set as the average closing price of the five trading days immediately after the grant date. The options follow a 4-year vesting schedule with a 1-year cliff — 25% vests at the end of 12 months, and the remaining 75% vests in equal tranches of 6.25% every three months thereafter. Vested options must be exercised within 6 months. The scheme is compliant with SEBI (SBEB) Regulations, 2021.
This is a routine ESOP grant aimed at employee retention and motivation. It introduces a potential dilution of around 49.97 lakh shares over the vesting period, but since options are spread over 4 years, the immediate impact on share price is limited. Shareholders should track future dilution from cumulative ESOP grants.