Shalby Limited has informed the Exchange about Grant of ESOPs under Shalby Limited Employees Stock Option Scheme-2021
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Shalby Limited's Nomination and Remuneration Committee has approved the grant of 4,000 Stock Options (ESOPs) to eligible employees under the company's ESOP Scheme-2021. Each option, convertible into one equity share of face value ₹10, has an exercise price of ₹100. The options will vest after 2 years from the grant date (May 27, 2026) and must be exercised within 1 year of vesting. The shares will be sourced from secondary market acquisition, meaning there will be no increase in the company's share capital.
This is a routine, small-scale ESOP grant with no dilution impact on existing shareholders since shares are sourced from secondary market. The announcement has negligible implications for stock price.