94,000 employee stock options granted to eligible employees
SGMART · price
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The Nomination and Remuneration Committee approved a grant of 94,000 employee stock options on October 27, 2026 to eligible employees under the SG Mart Limited Employees Stock Option Scheme, 2023. Each option can convert into one equity share of Rs 1 face value at an exercise price of Rs 640. Options vest under the approved schedule and must be exercised within one year after the last vesting; no shares were issued on grant.
If all options vest and are exercised, shareholders may face dilution of up to 94,000 shares. The grant itself does not issue shares immediately.