VMMBSEVishal Mega Mart LtdLowNeutral
Announced Mon, 15 Jun · 15:35 IST

Vishal Mega Mart grants 9.75 lakh stock options to employees at Rs 119

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹120.60
prior close
₹120.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.3-0.0-1.3-2.2-1.3-1.5-2.0-3.4-3.5-6.7
Up moveDown movePending
AI summary

Vishal Mega Mart's Nomination and Remuneration Committee approved the grant of 9,75,000 stock options to eligible employees under the ESOP Plan 2019, at an exercise price of Rs. 119 per option. Each option converts into one equity share of Rs. 10 face value. The exercise period is 10 years from the grant date. The scheme is compliant with SEBI's Share Based Employee Benefits Regulations, 2021.

Likely market impact

Potential mild dilution of 9.75 lakh shares on exercise. Signals employee retention and long-term alignment with shareholders at Rs 119 strike price.