Exercise window 21–28 Jul 2026: the price you lock becomes the perquisite FMV, and 40% (39% perquisite tax + ~1% Nuvama) is paid that day. Shares can only be sold on 18 Aug 2026 (post-blackout; results on 14 Aug). Each cell shows net profit, the perquisite tax paid up-front, and the claimable capital loss if the sale price falls below the locked price. STCG (incl. surcharge + cess) applies only to gains above the locked price.
Per cell: net profit = sale proceeds − strike cost − perquisite outgo (paid in July) − STCG on (sale − locked price) when positive. The capital loss shown is (locked − sale) × shares when the sale price is lower — it is not netted into the profit figure (the lower proceeds already reflect it); it is the amount you can set off against other capital gains. All figures in ₹ crore. Hover any cell for the full breakdown. This is a scenario tool, not tax advice — confirm rates with your CA.