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Source: Daily Excelsior
Devyani International 's Nomination and Remuneration Committee (NRC) has approved the grant of 4,26,300 stock options to eligible employees under its ESOP 2021 scheme, as disclosed under Regulation 30 on May 15, 2026. The grant is in compliance with SEBI (Share Based Employee Benefits) Regulations, 2021. Each stock option is convertible into one fully paid-up equity share of the company carrying a face value of Re. 1/- each.
Key Details of the ESOP 2021 Grant
The following table summarises the key parameters of the stock option grant as disclosed by the company:
Parameter: Details Total Options Granted: 4,26,300 stock options Equity Shares Covered: 4,26,300 equity shares of face value Re. 1/- each Exercise Price: Rs. 103.50 per stock option Exercise Period: Within 5 years from the date of each vesting Compliance: SEBI (SBEB) Regulations, 2021
Vesting and Exercise Conditions
The stock options granted to eligible employees shall vest within the vesting period as set forth in the respective Grant Letter. A minimum period of one year is mandated between the grant of stock options and their vesting. The options are not yet vested or exercised at this stage, and no subsequent changes, cancellations, or exercises have been reported.
Significant Terms of the Grant
The key terms governing the stock options are as follows:
There shall be a minimum period of one year between the grant of stock options and vesting of stock options.
No lock-in applies to the equity shares arising upon the exercise of these stock options.
Equity shares arising on the exercise of the options shall rank pari passu with all existing equity shares of the company from the date of allotment.
The grant reflects Devyani International's continued commitment to employee participation through structured equity-based incentive programmes aligned with regulatory requirements.
Devyani International Ltd. executed a major block trade on the National Stock Exchange (NSE), marking significant institutional activity in the company's shares. The transaction involved substantial volume and value, indicating strong investor interest in the stock.
Block Trade Details
The NSE block trade encompassed the following key parameters:
Parameter: Details Number of Shares: 1,538,048 Price per Share: Rs. 108.43 Total Transaction Value: Rs. 16.68 crores Exchange: NSE
Market Significance
Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These trades are conducted through special trading windows to minimize market disruption and price volatility that could result from such substantial transactions in the regular trading session.
The execution of this block trade at Rs. 108.43 per share demonstrates active institutional participation in Devyani International's stock. Such transactions often reflect strategic portfolio adjustments, stake changes, or institutional rebalancing activities.
Transaction Impact
The Rs. 16.68 crore transaction value represents a considerable sum in the context of block trading activities. The specific pricing and volume indicate that the trade was executed at prevailing market rates, suggesting fair value discovery for both the buyer and seller involved in the transaction.
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Source: scanx.trade