StockWatch
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Hotels & Resorts
ESOP3 Nov 2026, 03:43 pm

Kamat Hotels Grants 1,78,000 Stock Options

AI Summary

Kamat Hotels (India) Ltd announced the grant of 1,78,000 Stock Options, in the form of Restricted Stock Units (RSUs), to eligible employees under its Employee Stock Option Scheme 2026. The Nomination and Remuneration Committee approved the grant on November 3, 2026. Each option is convertible into one equity share, with an exercise price of ₹10 per option. Vesting is scheduled between one to five years from the grant date, subject to continued employment and performance conditions. The exercise period for vested options is four years from the vesting date.

Key Highlights

  • 1,78,000 stock options (RSUs) granted to employees.
  • Exercise price set at ₹10 per option.
  • Vesting period: 1 to 5 years from grant date.
  • Exercise period: 4 years from vesting date.