v3.26.1
Share-based payments (Tables)
12 Months Ended
Mar. 31, 2026
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Disclosure of number and weighted average exercise prices of share options

As the number of stock options and the price of those options were made known to each allottee, the Plan has been considered as a fixed price grant. Stock option activity under the ASOP 2014 Plan is as follows:

 

No. of options granted, exercised and forfeited

 

Number of options

2026

 

Weighted average exercise price in ₹

2026

 

Number of options

2025

 

Weighted average exercise price in ₹

2025

 

Number of options

2024

 

Weighted average exercise price in ₹

2024

Outstanding at the beginning of the year

 

1,341,682

 

60.06

 

6,329,187

 

90.12

 

6,972,978

 

92.60

Granted during the year

 

-

 

-

 

8,630,671

 

60.06

 

-

 

-

Forfeited during the year

 

(217,450)

 

60.06

 

(1,426,246)

 

60.06

 

(146,700)

 

90.12

Expired during the year

 

(146,214)

 

60.06

 

(11,420,954)

 

90.12

 

-

 

-

Exercised during the year

 

(505,290)

 

74.13

 

(770,976)

 

60.06

 

(497,091)

 

90.12

Outstanding at the end of the year

 

472,728

 

74.13

 

1,341,682

 

60.06

 

6,329,187

 

90.12

Exercisable at the end of the year

 

390,000

 

74.13

 

1,043,802

 

60.06

 

5,183,587

 

90.12

 

 

*

During the year there was a ratio change from the current ratio, where one (1) ADS represents one (1) equity share, to a new ratio, where one (1) ADS represents six (6) equity shares, with no change to the Company’s equity shares with effect from October 4, 2024.Outstanding options after ratio change is 78,788 at the end of March 31, 2026 out of which exercisable is 65,000 Options. 

Disclosure of number and weighted average remaining contractual life of outstanding share options

A summary of information about fixed price stock options outstanding with respect to ASOP 2014 is furnished below:

 

As at

 

Range of exercise price in ₹

 

Number outstanding on March 31

 

Weighted average exercise price in ₹

 

Weighted average remaining contractual life

 

Number exercisable on March 31

 

Weighted average exercise price In ₹

March 31, 2026

 

34.62 - 135.28

 

472,728

 

74.13

 

0.10-1.82 Years

 

390,000

 

74.13

March 31, 2025

 

34.62 - 135.28

 

1,341,682

 

60.06

 

0.09-2.82 Years

 

1,043,802

 

60.06

March 31, 2024

 

66.60 - 230.97

 

6,329,187

 

90.12

 

0.05-3.82 Years

 

5,183,587

 

90.12

SISL Employee Stock Option Plan 2025 [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Disclosure of number and weighted average exercise prices of share options

The movement in the number of stock options are as follows:

 

No. of options granted, exercised and forfeited

 

For the year ended

 

March 31, 2026

 

March 31, 2025

Outstanding at the beginning of the year

 

-

 

-

Granted during the year

 

18,790,000

 

-

Forfeited and expired during the year

 

-

 

-

Exercised during the year

 

-

 

-

Outstanding at the end of the year

 

18,790,000

 

-

Exercisable at the end of the year

 

-

 

-

Disclosure of number and weighted average remaining contractual life of outstanding share options

Range of weighted average remaining contractual life, weighted average fair value and weighted average share price for the options are as follows:

 

Particulars

 

For the year ended

 

March 31, 2026

 

March 31, 2025

Remaining contractual life for the options outstanding as of (years)

 

4.8 Years

 

-

Fair value for the options granted during the year ended (₹)

 

38.36 to 48.40

 

-

Disclosure of terms and conditions of share-based payment arrangement

The following share based payment arrangements were in existence during the current year:

 

Option Plan

SISL Employee Stock Option Plan 2025

Number of options

1,87,90,000

Grant date

January 18, 2026

Expiry date

January 18, 2031

Exercise price

150

Vesting pattern

2/5th of the options vests at the end of two years from the date of grant.The remaining 3/5th of the options vests equally every six months over the next 3 years.

Disclosure of key inputs used in the measurement of the grant date fair valuation of equity settled plans

Particulars

 

For the year ended

 

March 31, 2026

 

March 31, 2025

Risk free interest rates

 

6.45%

 

-

Expected life

 

5 years

 

-

Volatility

 

15%

 

-

Dividend yield

 

0%

 

-

Exercise price ₹

 

150

 

-

Share price on the date of grant ₹

 

150

 

-