Eternal Limited witnessed significant institutional activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents one of the notable large-volume trades in the stock, highlighting institutional interest in the company.

Block Trade Details

The block trade executed on NSE involved substantial volume and value, demonstrating significant capital movement in Eternal Limited's shares.

Market Implications

Block trades of this magnitude typically indicate institutional investor activity, as such large volumes are generally executed by mutual funds, insurance companies, foreign institutional investors, or other large market participants. The execution at ₹281 per share reflects the prevailing market conditions and investor sentiment toward the stock.

The transaction volume of over 4.15 million shares represents a significant portion of trading activity and demonstrates the liquidity available in Eternal Limited's stock. Such block trades are often executed to minimize market impact while facilitating large-scale position changes by institutional investors.

Trading Activity

The block trade mechanism allows for efficient execution of large orders without causing significant price disruption in the regular market. This particular transaction showcases the robust institutional participation in Eternal Limited's stock and reflects the company's position in the large-cap segment of the Indian equity market.

Eternal Limited has announced the approval of a substantial Employee Stock Option Plan (ESOP) grant totaling 42,901,017 stock options for eligible employees. The company's Nomination and Remuneration Committee approved this grant through a circular resolution on January 1, 2026, under three distinct ESOP schemes.

ESOP Grant Distribution

The stock options have been allocated across three different schemes, with the majority concentrated in the newest plan:

Key Terms and Conditions

The stock options are structured with employee-friendly terms and regulatory compliance. Each stock option is convertible into one fully paid-up equity share with a face value of ₹1. The total coverage includes 43,028,298 equity shares of ₹1 face value each, incorporating requisite adjustments for corporate actions as provided under the respective ESOP schemes.

Exercise Parameters

The exercise price has been set at ₹1 per stock option across all schemes. The exercise periods vary depending on the specific ESOP scheme:

Regulatory Compliance

The ESOP schemes comply with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, ensuring transparency for stakeholders. The schemes include provisions for handling stock options in various employment scenarios including death, permanent incapacity, resignation, termination, retirement, and abandonment.

Share Allotment Details

Equity shares allotted upon exercise of these stock options will not be subject to lock-in restrictions. This provides flexibility for employees once they exercise their options and receive the underlying shares. The company has structured the plans to provide long-term incentives while maintaining compliance with regulatory requirements and corporate governance standards.