Motilal Oswal Financial Services Ltd has granted 23,46,452 stock options to eligible employees. The grant was approved by the Nomination and Remuneration Committee on April 29, 2026, under Employee Stock Option Scheme - X.
Syngene International Limited allotted 7,29,727 equity shares worth ₹0.73 Crore to the Syngene Employee Welfare Trust under its 2023 Long Term Incentive Plan. This issuance increases the company's total paid-up share capital to ₹403.67 Crore. The allotment was made at an exercise price of ₹10 per share.
Metro Brands Limited allotted 14,730 equity shares under its ESOP 2008 plan on April 29, 2026. This allotment increases the company's paid-up share capital to ₹1,36,28,07,340, consisting of 27,25,61,468 shares. The shares were issued at exercise prices of ₹228 and ₹585.76 for different tranches.
NIIT Limited has allotted 6,668 equity shares of Rs. 2/- each on April 29, 2026, under its Employee Stock Option Plan - 2005 (ESOP-2005). The company is currently completing listing formalities for these newly issued shares.
Hind Rectifiers Limited allotted 4,625 equity shares following the exercise of vested employee stock options. The shares were issued at an exercise price of Rs. 42.50 each. Consequently, the company's paid-up equity share capital increased to Rs. 6.87 Crore.
Ramco Systems Limited allotted 97,747 equity shares following the exercise of employee stock options. Key beneficiaries include the COO and CFO. Consequently, the company's paid-up equity share capital increased to ₹37.56 Crore.
HDFC Bank Limited allotted 3,83,322 equity shares to employees following the exercise of Options/RSUs under its ESOS. This allotment increases the bank's paid-up share capital to 15,39,55,35,906 equity shares.
Ramco Systems Limited allotted 97,747 equity shares under its ESOP schemes following the exercise of stock options. This includes allotments to the COO and CFO. Consequently, the company's paid-up equity share capital increased to ₹375.59 Crore.
Oracle Financial Services Software Limited allotted 12,381 equity shares to employees following the exercise of stock options under its 2014 plan. Consequently, the company's paid-up capital increased to Rs. 435,312,250. No shares were allotted to directors in this tranche.
Oracle Financial Services Software Limited allotted 12,381 equity shares to employees under the OFSS Stock Plan 2014 on April 29, 2026. This exercise of ESOPs increased the company's paid-up capital to Rs. 43.53 Crore. No shares were allotted to directors in this tranche.
Oracle Financial Services Software Limited (OFSS) allotted 12,381 equity shares on April 29, 2026, under its ESOP/ESPS scheme. This allotment increased the company's total number of paid-up equity shares from 8,70,50,069 to 8,70,62,450. Such routine allotments are part of the company's employee incentive programs.
SBI Cards and Payment Services Limited allotted 5,138 equity shares following the exercise of employee stock options. This includes 2,000 shares under the 2019 plan and 3,138 under the 2023 plan. Post-allotment, the company's paid-up capital increased to approximately ₹9,516.06 Crore.
KPIT Technologies Limited granted 21,000 RSUs to eligible employees at an exercise price of Rs. 10 per share. The options vest over 1–4 years and are exercisable within 5 years from vesting.
Bajaj Finance Limited granted 1,48,07,966 stock options to employees under its ESOP Scheme 2009. Each option is convertible into one equity share of Re. 1 face value. Options vest between one and five years from the grant date, with an exercise price linked to the latest market closing price.
Execution
Vesting period: 1 to 5 years; Exercise period: 5 years from vesting
Axis Bank Limited allotted 43,588 equity shares on April 28, 2026, under its ESOP/ESPS scheme. Consequently, the bank's paid-up share capital increased to ₹621.72 Crore, comprising 3,108,609,498 equity shares.
Axis Bank Limited allotted 43,588 equity shares on April 28, 2026, following the exercise of employee stock options. Consequently, the bank's paid-up share capital increased from ₹621.71 Crore to approximately ₹621.72 Crore.
Axis Bank Limited allotted 43,588 equity shares on April 28, 2026, following the exercise of stock options under its ESOP/RSU Scheme. This allotment increased the Bank's paid-up share capital to approximately ₹621.72 Crore.
Viyash Scientific Limited allotted 8,000 equity shares at Rs. 86 each under its ESOP 2020 scheme. The allotment, worth approximately ₹0.07 Crore, increases the company's paid-up equity share capital to Rs. 87.37 Crore. These new shares rank pari passu with existing equity.
Bluspring Enterprises Limited has executed a Trust Deed for the 'Bluspring ESOP Trust' to manage its Employee Stock Option Scheme 2026. The scheme was previously approved by the Board on February 3, 2026, and shareholders on April 23, 2026. The trust is established with an initial corpus of ₹0.001 Crore to benefit eligible employees.
Borosil Limited allotted 5,500 equity shares on April 28, 2026, following the exercise of options under the Employee Stock Option Scheme 2020. This exercise increases the company's paid-up share capital to 11,95,87,629 equity shares.
Borosil Limited allotted 5,500 equity shares under its ESOP Scheme 2020 following the exercise of vested options. This allotment increases the company's paid-up share capital to ₹11.96 Crore. The shares were issued at an exercise price of ₹138.29 per share and will rank pari-passu with existing equity shares.
VIP Industries Limited approved the grant of 1,20,000 Employee Stock Appreciation Rights (ESARs) at Rs. 388 per share, valued at ₹4.66 Crore. The vested rights are exercisable within five years from the date of vesting. This initiative aims to align employee interests with shareholder value under the ESARP 2018 plan.
The Phoenix Mills Limited allotted 5,844 equity shares of ₹2/- each following the exercise of options under its Employees' Stock Option Plan 2018. Consequently, the company's paid-up equity share capital increased to ₹71,52,80,950. The allotment was approved by the Compensation Committee on April 28, 2026.
Equitas Small Finance Bank Limited granted 20,16,168 stock options to employees at an exercise price of Rs. 67.34 per share, totaling approximately ₹13.58 Crore. The options will vest equally over a three-year period starting from April 28, 2026. This move aims to align employee interests with long-term shareholder value.
Mahindra & Mahindra Ltd's employee stock option trust transferred 4,627 equity shares to 17 employee grantees on April 28, 2026. The transfer followed the exercise of options under the Company's Employees' Stock Option Scheme.
Vinsys IT Services India Limited allotted 71,930 equity shares following the exercise of stock options under its ESOP Scheme-2025. This allotment increases the company's paid-up equity share capital to Rs. 14,74,98,570. The new shares are identical and pari-passu with existing equity shares.
Sterlite Technologies Limited granted 32,151 stock options to employees under its ESOP 2016 scheme at an exercise price of Rs. 2 per option. These options vest over three years and can be exercised within five years from the vesting date.
Execution
Vesting over 3 years; exercise period of 5 years from vesting
Fujiyama Power Systems Limited allotted 4,90,828 equity shares worth approximately ₹4.84 Crore under its ESOP 2023 scheme. The allotment consists of two tranches at exercise prices of ₹91.03 and ₹175.34 per share. This filing corrects a previous submission that inadvertently omitted the issue price for one tranche.
ICICI Prudential Life Insurance Company Limited allotted 190,760 equity shares on April 28, 2026, under its Employees Stock Option Scheme (2005). The allotment was approved by the Managing Director & CEO following board authorization. These new shares rank pari-passu with existing equity.
3i Infotech Limited has approved the grant of 1,99,000 stock options to employees under its ESOS 2018 scheme. The options are priced at ₹10 each and will vest over three years. This move aligns employee interests with long-term company performance.