IIFL Capital Services Limited has granted 967,627 stock options to identified employees under the “IIFL Securities Limited Employee Stock Option Scheme – 2018”. Additionally, 51,350 equity shares were allotted upon exercise of existing stock options, increasing the company’s equity base to 311,367,344 equity shares of Rs. 2/- each. The options vest over 4 years and are exercisable within 7 years from the grant date.
Stock Option Grant Details
IIFL Capital Services Limited approved the grant of 967,627 stock options to eligible employees at a meeting held on February 04, 2026. These options are granted under the “IIFL Securities Limited Employee Stock Option Scheme – 2018” (IIFL ESOS – 2018).
Allotment of Equity Shares
The company also allotted 51,350 equity shares to employees who exercised their stock options. These newly allotted shares rank equally with the existing equity shares of the company from the date of allotment.
Impact on Equity Base
Following the allotment, the equity base of IIFL Capital Services Limited has increased from 311,315,994 to 311,367,344 equity shares, with each share having a face value of Rs. 2/-.
Key Terms of Options Granted
A summary of the key terms:
Options Granted: 967,627 to identified employees.
SEBI Regulations: Compliant with SEBI (SBEB) Regulations, 2021.
Total Shares Covered: 967,627 equity shares of face value Rs. 2/- each.
Exercise Price: Rs. 315.25/- per Option.
Vesting Schedule: Over a period of 4 years from the date of grant.
Exercise Window: 7 years from the date of grant.
Source: BSE
