SGFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SG Finserve Ltd has announced the grant of 10,32,000 employee stock options (ESOPs) to eligible employees, approved by the Nomination and Remuneration Committee on May 14, 2026. Each option entitles the holder to purchase one equity share of face value ₹10 at an exercise price of ₹300 per option. The scheme is compliant with SEBI (SBEB & SE) Regulations, 2021. Vested options must be exercised within 1 year from the date of last vesting. If all granted options are exercised, it would result in issuance of 10,32,000 new equity shares, representing potential dilution for existing shareholders.
The ESOP grant aligns employee interests with shareholders but will cause modest share dilution (~10.32 lakh shares) when exercised. The ₹300 exercise price, significantly above the ₹10 face value, indicates the company expects share price appreciation. Current shareholders may see slight EPS dilution over time as options vest and are exercised.