ESOP10 Aug 2026, 03:26 pm
JTL Industries Grants 11.42 Lakh Stock Options
AI Summary
JTL Industries Limited has announced the grant of 11,42,500 Employee Stock Options (ESOPs) under its JTL Industries Employee Stock Option Scheme – 2025. The options are granted at an exercise price of ₹20 per option and are subject to a vesting period of one to three years. Upon vesting, options can be exercised within two years. This move aims to incentivize eligible employees and align their interests with the company's growth.
Key Highlights
- 11,42,500 ESOPs granted to eligible employees.
- Exercise price set at ₹20 per option.
- Vesting schedule: 30% (1 yr), 30% (2 yr), 40% (3 yr).
- Options exercisable within 2 years post-vesting.
- Scheme implemented via direct allotment.
Price Impact
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