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In terms of ‘HIL Limited Employee Stock Options Scheme 2023’, HIL has informed that the Nomination and Remuneration Committee (‘NRC’) through its circular resolution dated October 19, 2023, has approved grant of 9602 Stock Options to the Eligible Employee(s) of the Company at an exercise price of Rs 2,931 per option, being the closing market price of the Company’s equity share on the National Stock Exchange of India, where the traded volume in the Company’s shares was higher on October 18, 2023. i.e., the previous trading day to the date of circular resolution. Each such granted options shall carry a right to be converted into one equity share of the Company of Rs 10 each. The Stock Options granted are within the Plan pool size of 1,31,868 Stock Options under the HIL Limited Employee Stock Options Scheme 2023.

The above information is a part of company’s filings submitted to BSE.

BirlaNu Share Price

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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