Key Quantitative Figures

  • Allotment under ESOP-2007: 10,800 equity shares of ₹10 each
  • Grant under ESOP-2018: 24,000 stock options (convertible into 24,000 equity shares of ₹10 each)
  • Exercise Price for New Grant: ₹253.90 per option

Capital Structure Impact

  • Previous Paid-up Capital: 2,79,25,580 equity shares
  • New Paid-up Capital: 2,79,36,380 equity shares of ₹10 each
  • Increase in Capital: 10,800 equity shares (0.39% dilution)

Pricing Methodology

The exercise price of ₹253.90 for the new stock options granted under ESOP-2018 was determined as the latest available closing price on the previous trading day prior to the grant date on the National Stock Exchange of India Limited, which recorded the higher trading volume.

Dates and Approval

  • Approval Date: 24th October, 2026 (via circular resolution)
  • Disclosure Date: 24th October, 2026