IIFL Capital Services Approves Employee Stock Option Grant and Equity Allotment
IIFL Capital Services Limited, formerly IIFL Securities Limited, announced that its Nomination and Remuneration Committee considered and approved the allotment of employee equity shares and the grant of stock options under the 'IIFL Securities Limited Employee Stock Option Scheme - 2018' (IIFL ESOS 2018).The committee meeting held on July 21, 2026, confirmed that allotment of 13,55,979 equity shares was made to the company’s employees who exercised stock options under the IIFL ESOS 2018. These newly allotted equity shares will rank pari passu with existing equity shares as of the allotment date.
Following this action, the company's equity base has increased from 313,450,564 to 314,806,543 equity shares, each valued at Rs. 2/-.
Stock Option Grant Details
The approval also included granting stock options to identified employees under the IIFL ESOS-2018 scheme. A total of 1,29,493 stock options were granted, with each option convertible into one fully paid-up equity share. The details and terms associated with these options are as follows:| Particulars | Details |
|---|---|
| Brief details of options granted | 1,29,493 options granted to identified employee(s) |
| Total number of shares covered under these options | 1,29,493 equity shares of face value of Rs. 2/- each |
| Pricing formula/Exercise Price | Rs. 338.30 per Option |
| Options vested/Vesting Schedule | Over a period of 4 years from the date of grant |
| Options exercised/Time within which options may be exercised | 7 years from the date of grant |
The scheme adheres to the terms specified under SEBI (SBEB) Regulations, 2021.
IIFLCAPS Stock Price Movement
Today, IIFL Capital Services Limited posted a gain of 0.5%, as shares settled higher at ₹339.8 after closing for the day. The equity traded with a volume of 342,803 shares, remaining within an intraday range established between ₹336 and ₹341.4.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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