Key Event Details
On July 13, 2026, an eligible employee exercised 20,500 stock options. The Shalby Limited Employee Welfare Trust is in the process of transferring an equivalent number of equity shares (face value of ₹10 each) to the option grantee.
Financial and Capital Structure Impact
The exercise of these options realized ₹20,50,000 (20,500 shares × ₹100 per share) for the Shalby Limited Employees Welfare Trust. Crucially, the disclosure explicitly states that this exercise will result in no change to the paid-up equity share capital of the Company, as the shares are being channelized from the secondary market.
Scheme Background and Terms
The referenced ESOP scheme is in terms of the SEBI (SBEB) Regulations, 2021.
- Original Grant: 85,500 options were granted to eligible employees on July 12, 2024.
- Vesting: 33,000 of these options vested on July 12, 2026.
- Exercise Window: Vested options may be exercised within one year from the date of vesting, i.e., on or before July 11, 2027.
- Lapsed Options: 52,500 options from the original grant have lapsed.
- Pricing Formula: The exercise price of ₹100 per option was decided by the NRC Committee at the time of the grant.
Diluted Earnings Per Share (EPS)
The diluted earnings per share (EPS) pursuant to the issue of shares on exercise of options is stated as ₹3.23. This figure is based on the company's consolidated financials for the year ended March 31, 2026.
Document and Signatory
The disclosure letter was digitally signed and submitted on July 13, 2026, by Tushar Shah, Vice President & Company Secretary (Membership No: FCS‐7216) of Shalby Limited.
#Tags: #Shalby #ESOP #SEBIDisclosure #RegulatoryCompliance #Regulation30