VMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
V-Mart Retail Ltd's Nomination & Remuneration Committee has granted 68,195 performance-linked stock options to eligible employees under the ESOP Scheme 2020, with an exercise price of Rs. 312 per option. The options will vest over 4 years from the grant date, and employees have 8 years to exercise them. Separately, the company allotted 89,713 equity shares of Rs. 10 face value each upon exercise of previously granted options. Following this allotment, the company's total equity share capital increased from 7,94,58,289 to 7,95,48,002 shares. The ESOP scheme complies with SEBI (SBEB & SE) Regulations, 2021.
The issuance of 89,713 new shares results in a minor dilution of approximately 0.11% for existing shareholders. This is a routine equity compensation event and is not expected to have a material impact on the stock price in the near term.