Announced Sat, 27 Jun · 15:59 IST
Grant of 4,39,510 ESOPs to employees under 2018 Equity Incentive Plan
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WEWORK · price
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Price reaction · full curve 14 horizons · vs prior close
+11.2%1-day move
₹625.10
prior close
₹625.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+0.9+0.3—+11.2+15.4+18.1+18.4+17.9+15.1+8.8———
Up moveDown movePending
AI summary
Nomination and Remuneration Committee approved grant of 4,39,510 Employee Stock Options to eligible employees on June 27, 2026 under the 2018 Equity Incentive Plan. Of these, 7,941 options carry an exercise price of Rs 100, and 4,31,569 options carry an exercise price of Rs 450 per share. Each option represents one equity share of face value Rs 10. Vesting and exercise terms follow the ESOP Plan, with a maximum 10 year exercise period from grant date. Plan is SEBI compliant.
Likely market impact
Mild future dilution if options are exercised. Positive signal on employee retention and alignment with shareholder value creation.