Vishal Mega Mart Limited has informed the Exchange regarding Grant of 500000 Options.
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Vishal Mega Mart Limited has granted 5,00,000 stock options to eligible employees under its Vishal Mega Mart Employees Stock Options Plan 2019. The Nomination and Remuneration Committee approved the grant on March 02, 2026 through circulation. Each option is convertible into one equity share of Rs. 10 face value and carries an exercise price of Rs. 117 per option. Vested options can be exercised within 10 years from the grant date. The scheme is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This is a routine ESOP grant disclosure with no immediate material impact on existing shareholders, though it represents a small potential dilution of up to 5 lakh shares once exercised. Shareholders should monitor future exercise activity for any incremental dilution.