TCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TCC Concept Limited's Nomination and Remuneration Committee, at its meeting on December 9, 2025, approved the grant of 27,50,607 employee stock options under the company's ESOP Plan 2025. Each option is convertible into one equity share with a face value of Rs. 10, at an exercise price of Rs. 10 per option. The options are in compliance with SEBI's Share Based Employee Benefits Regulations, 2021. A minimum vesting period of one year applies, with no options exercised or lapsed yet. The plan will involve a fresh issue of shares, meaning potential dilution when employees eventually exercise these options.
While this is a routine employee incentive move, the 27.5 lakh options represent potential future share issuance that could dilute existing shareholders once exercised. The exercise price being set at face value (Rs. 10) is employee-friendly and could be dilutive if the market price is significantly higher.