Kolte-Patil Grants 101,748 Stock Options

Kolte-Patil Developers Ltd announced the grant of 101,748 stock options under the Kolte-Patil Employee Stock Option Scheme-2021. The grant was approved by the Nomination and Remuneration Committee during its meeting on August 24, 2026. Each option represents the right to acquire one equity share of Rs. 10 face value. The exercise price is Rs. 10 per share. Options are exercisable within two years from the date of vesting, as per the employee's grant letter and the scheme's framework.