STL Networks Limited has informed the Exchange about General Updates
STLNETWORK · price
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STL Networks Limited has informed the exchanges that its Nomination and Remuneration Committee approved a grant of 24,67,918 stock options under the company's Employee Stock Option Scheme 2025 (SNL ESOS 2025) on January 7, 2026. Each option is convertible into one equity share of face value ₹2, and the options are being granted at face value (₹2 per share). The options will vest no earlier than 1 year and within 3 years from the grant date, with an exercise window of up to 5 years from each vesting date. This filing is a revised version of an earlier letter sent the same day to correct a clerical error in the grant date.
The grant represents potential dilution of up to 24,67,918 equity shares (on full exercise), which is a small but notable equity expansion. For shareholders, this signals management's use of stock-based compensation to attract or retain employees, though the low exercise price (₹2 face value) suggests the shares already trade close to or below this level, limiting meaningful dilution impact.