Announced Fri, 3 Jul · 17:27 IST
Swiggy grants 71.7 lakh ESOP options to employees at Re 1
Corporate Actions View source PDF
SWIGGY · 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
+7.5%1-day move
₹247.70
prior close
₹249.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.3-1.1-1.5+7.5+5.2+13.8+10.2+7.7+9.3+4.1———
Up moveDown movePending
AI summary
Swiggy's Nomination and Remuneration Committee has approved the grant of 71,72,343 stock options under the ESOP Plan 2024 to eligible employees. Each option is convertible into one equity share of face value about one rupee, with an exercise price of about one rupee per option. The scheme is compliant with SEBI share-based employee benefits regulations. Allotted shares will not be subject to any lock-in period.
Likely market impact
Mild dilution risk for existing shareholders as over 71 lakh new shares may be issued upon exercise. Routine HR action, limited near-term price impact.