Shalby grants 4,000 ESOPs at ₹100 per option
Shalby Limited granted 4,000 stock options to an eligible employee under its ESOP Scheme 2021 at an exercise price of ₹100 per option. The options vest after two years and must be exercised within one year of vesting. The shares will be sourced from the secondary market, resulting in no increase in the company's share capital.

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Shalby Limited has granted 4,000 stock options to an eligible employee under its Shalby Limited Employees Stock Options Scheme – 2021. The Nomination and Remuneration Committee approved the grant on May 27, 2026. The options are convertible into an equal number of equity shares with a face value of ₹10 each. The exercise price for these options has been determined at ₹100 per option.
The options granted are sourced from a pool of lapsed options. The scheme is administered by the Nomination and Remuneration Committee and is in compliance with the SEBI (SBEB & SE) Regulations, 2021. The grant is based on eligibility criteria including individual performance, target achievement, and functional performance.
The granted options will vest after the completion of two years from the date of grant. Once vested, the options must be exercised wholly within a period of one year from the date of vesting. The entitlement to acquire shares is subject to the payment of the exercise price and applicable taxes, along with continued employment at the time of vesting.
The total number of shares arising from the exercise of these options will be 4,000 equity shares. The company stated that its share capital will not increase as a result of this exercise, as the shares are channelized from the secondary market. The exercise price is determined based on the average purchase price of the shares acquired by the trust or the market price, with the committee holding the power to provide a discount or charge a premium.
| Particulars | Details |
|---|---|
| Options Granted | 4,000 |
| Face Value | ₹10 per share |
| Exercise Price | ₹100 per option |
| Vesting Period | 2 years from date of grant |
| Exercise Period | 1 year from date of vesting |
Historical Stock Returns for Shalby
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.04% | +1.24% | +1.34% | -19.53% | -15.64% | +0.96% |
Will Shalby Limited expand the pool of lapsed options to accommodate future grants under the ESOS scheme?
How might the vesting cliff structure impact employee retention rates over the next two years?
Does the company plan to increase the volume of stock options granted to a wider employee base in the future?


































