Sterlite Technologies Limited has informed the Exchange regarding Grant of 17537 Options.
STLTECH · price
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Sterlite Technologies Limited has informed the exchanges that its Nomination and Remuneration Committee granted 32,151 stock options to eligible employees on April 28, 2026. These options, exercisable into equal number of fully paid-up equity shares, carry an exercise price of Rs. 2 per option. The options will vest over a period of 3 years, and once vested, can be exercised within 5 years from the vesting date. This disclosure is made under SEBI Listing Regulations, 2015.
This is a routine disclosure under the company's ESOP scheme and has no immediate impact on the stock price. However, shareholders should note the potential dilution effect when these options are eventually exercised.