Stanley Lifestyles Limited has informed the Exchange regarding Grant of 570000 Options.
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Stanley Lifestyles has granted 5,70,000 stock options to Mr. Venkataramana Seshagirirao Gorti under the company's ESOP Plan 2022. Each option is convertible into one equity share of face value Rs. 184.91 and has been granted at an exercise price of Rs. 184.91, matching the closing price on NSE on 11 February 2026. The options will fully vest at the end of 5 years from the grant date and can be exercised within 6 years thereafter. This is a routine disclosure under SEBI listing regulations informing exchanges of an ESOP grant.
The grant represents a potential future dilution of up to 5,70,000 equity shares for a named senior employee. Since the exercise price equals the current market price and vesting is 5 years away, there is no immediate cost to shareholders, but long-term dilution could occur if options are exercised.