Please refer our intimation in the captioned matter
VALIANTORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Valiant Organics has announced the grant of 19,500 employee stock options to eligible employees under the ESOP Scheme 2022. The exercise price is Rs. 10 per option, which equals the face value of the equity shares. Out of the total options, 15,000 will vest after completing a minimum 1-year vesting period, while the remaining options will vest based on achievement of specified performance criteria as determined by the Nomination and Remuneration Committee. The options can be exercised within 3 years from the date of vesting. No options have been exercised yet.
This is a routine ESOP grant announcement indicating management's efforts to retain and incentivize employees. The deep discount exercise price (at face value) could result in dilution for existing shareholders when options are eventually exercised, though no immediate impact is expected.