Announced Fri, 24 Jul · 12:11 IST
Sterlite Tech grants 17.95 lakh ESOP options at Rs 2 each
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STLTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹540.00
prior close
₹522.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.1-0.1+0.6+2.8—————————
Up moveDown movePending
AI summary
Sterlite Technologies granted 17,94,800 stock options to eligible employees under its ESOP 2016 scheme at an exercise price of Rs 2 per option. Options will vest over 3 years and can be exercised within 5 years from the date of vesting. The grant was approved by the Nomination and Remuneration Committee on July 24, 2026.
Likely market impact
Mild future dilution from new ESOP grants; very low exercise price is employee-friendly but will raise share count on exercise.