Vedant Fashions board approves ESOP grant, re-appoints internal auditor

Board & Shareholder Meetings View source PDF

MANYAVAR · price

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Price reaction · full curve 14 horizons · vs prior close

-1.4%1-day move

₹413.25

prior close

₹412.45

base price

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AI summary

Vedant Fashions (Manyavar) board approved re-appointment of Grant Thornton Bharat LLP as Internal Auditor for FY26-27. It also approved grant of 24,237 stock options under ESOP Scheme Pratham at exercise price of Rs 412.60 per option. Additionally, NRC allotted 1,000 equity shares on exercise of options. Paid-up share capital rose to Rs 24.30 crore (24.30 crore shares of Rs 1 each).

Likely market impact

Routine governance matters. Minor ESOP grant and share allotment; negligible dilution impact on shareholders.