Announced Fri, 17 Jul · 18:50 IST
Vardhman Special Steels grants 7.6 lakh ESOPs to 73 employees
Capital Market Events View source PDF
VSSL · 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
+1.7%1-day move
₹298.80
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.7+1.7-0.6-1.2-0.3—————
Up moveDown movePending
AI summary
Vardhman Special Steels has approved grant of 7,60,000 Employee Stock Options to 73 employees under its VSSL ESOP Plan 2025. Exercise price is Rs 200 per share on face value of Rs 10. Vesting happens in four equal tranches from year 2 to year 5, with 2 years to exercise after each vesting. This is the first grant under the 2025 plan and is in line with SEBI SBEB Regulations 2021.
Likely market impact
Mild future dilution from 7.6 lakh new shares; signals management confidence in growth. No immediate cash benefit to shareholders.