Sammaan Capital Limited Grants 23,50,058 Employee Stock Options Under Two ESOP Schemes
Sammaan Capital Limited granted 23,50,058 employee stock options on March 30, 2026, distributed across two ESOP schemes - 10,43,798 under the 2013 scheme and 13,06,260 under the 2024 scheme. The exercise price is set at ₹151 per share, above the March 27, 2026 market price of ₹148.35. Options will vest 50% each over two years starting March 31, 2027, with a five-year exercise window from respective vesting dates.

*this image is generated using AI for illustrative purposes only.
Sammaan capital Limited has announced the grant of 23,50,058 employee stock options to eligible employees under two separate ESOP schemes. The Nomination and Remuneration Committee approved this grant during its meeting held on March 30, 2026, as part of the company's employee benefit initiatives.
ESOP Grant Details
The stock options have been distributed across two schemes with specific allocations:
| Scheme | Options Granted | Face Value |
|---|---|---|
| Indiabulls Housing Finance Limited Employee Stock Benefit Scheme – 2013 | 10,43,798 | ₹2 per share |
| Sammaan Capital Limited - Employee Stock Benefit Scheme 2024 | 13,06,260 | ₹2 per share |
| Total Options Granted | 23,50,058 | ₹2 per share |
All granted options represent an equal number of equity shares and were sourced from previously lapsed stock options under both schemes.
Pricing Structure
The exercise price has been set at ₹151 per share for both schemes, which represents a premium over the market price:
| Parameter | Details |
|---|---|
| Exercise Price | ₹151 per share |
| Market Price (March 27, 2026) | ₹148.35 per share |
| Premium | Above market price |
| Impact on P&L | No impact due to premium pricing |
The exercise price exceeds the closing market price of fully paid-up equity shares on the National Stock Exchange of India Limited on March 27, 2026, the working day immediately preceding the grant date.
Vesting and Exercise Terms
The ESOP scheme follows a structured vesting and exercise framework:
- Vesting Schedule: 50% of options vest in each of two tranches
- First Vesting Date: March 31, 2027
- Exercise Window: Five years from respective vesting dates
- Compliance: Schemes align with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Regulatory Compliance
The grant has been made in accordance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company has fulfilled all disclosure requirements under the SEBI Master Circular dated January 30, 2026, ensuring full transparency in the ESOP allocation process.
The announcement was signed by Amit Jain, Company Secretary, and the information will be made available on the company's website for stakeholder reference.
Historical Stock Returns for Sammaan Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.17% | +0.02% | -2.00% | -13.37% | +31.25% | -19.47% |
How might the substantial ESOP grant of 23.5 lakh options impact Sammaan Capital's employee retention and recruitment strategy in the competitive financial services sector?
What could be the potential dilution effect on existing shareholders when these stock options are exercised over the next five years?
Will Sammaan Capital need to adjust its capital structure or seek additional funding to accommodate the potential equity expansion from ESOP exercises?


































