Shalby Limited has informed the Exchange regarding 'Grant of Employee Stock Options to Eligible employees'.
SHALBY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shalby Limited's Nomination and Remuneration Committee has approved the grant of 82,000 stock options to eligible employees under the Shalby Limited Employees Stock Options Scheme 2021, effective August 13, 2025. These options are issued from a pool of previously lapsed options, not fresh allotments. The exercise price has been set at ₹100 per option, with a face value of ₹10 per share, and options will vest after 2 years with a 1-year exercise window. Importantly, share capital will not increase as the underlying shares will be sourced from the secondary market through the trust. Vesting is subject to individual performance, target achievement, and continued employment.
No dilution to share capital since shares are sourced from the secondary market, making this neutral for existing shareholders. The grant aligns employee interests with shareholder value creation, which is mildly positive for long-term retention, though the actual cost impact depends on the gap between the ₹100 exercise price and prevailing market price.