Employees Exercise 6,000 Stock Options Under Shalby Limited Scheme
Shalby Ltd announced that eligible employees exercised 6,000 stock options under the Shalby Limited Employees Stock Options Scheme - 2021 on July 20, 2026. The exercise relates to shares of face value ₹10/- each.Following the exercise of these options, the Shalby Limited Employee Welfare Trust is processing the transfer of an equivalent number of equity shares to the option grantees. The company noted that there will be no change in its paid-up equity share capital since the shares are channeled from the secondary market.
The details pertaining to the scheme and the exercise of options have been documented as follows:
| Particulars | Details |
|---|---|
| Total Options Granted | 85,500 on July 12, 2024, to eligible employees |
| Vested Options Date | July 12, 2026 (33,000 options) |
| Options Exercised | 6,000 out of the 33,000 vested options on July 20, 2026 |
| Pricing Formula | ₹100 per option as decided by the NRC Committee |
| Money Realized | ₹ 6,00,000/- (Calculated as 6,000 shares x ₹100/–) |
The options were granted to eligible employees under the framework of the Scheme. The Option Grantee is entitled to acquire an equal number of Equity Shares upon payment of the exercise price and applicable taxes in accordance with the scheme's terms and conditions.
Out of the total 85,500 options that were granted, 6,000 options were exercised on July 20, 2026. The remaining 52,500 options lapsed.
The Scheme is administered by the Nomination and Remuneration Committee. Based on consolidated financials for the year ended on March 31, 2026, the diluted earnings per share pursuant to this exercise of options stood at ₹ 3.23.
SHALBY Stock Price Movement
Shalby Limited shares gained 1.20% today, closing at ₹164.88 after trading in the post-market session. The stock saw movement within an intraday range of ₹163.11 to ₹165.95 and accounted for 59,442 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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