Sammaan Capital Limited has announced the grant of 23,50,058 employee stock options (ESOPs) under its existing schemes. The Nomination and Remuneration Committee approved the grant during its meeting on March 30, 2026.
The ESOPs are divided between two schemes: the Indiabulls Housing Finance Limited Employee Stock Benefit Scheme – 2013 and the Sammaan Capital Limited – Employee Stock Benefit Scheme 2024. Specifically, 10,43,798 options were granted under the former scheme, while 13,06,260 options were allocated under the latter.
The exercise price for these options is set at ₹151 per share, which is higher than the closing market price of ₹148.35 on March 27, 2026. This premium pricing ensures that the grant of options does not impact the company’s profit and loss account.
The granted options will vest in two equal tranches, with 50% vesting on March 31, 2027, and the remaining 50% vesting one year later. Employees will have a five-year window from the respective vesting dates to exercise their options.
The schemes are in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has made this information available on its website for public access.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).