ESOP28 Apr 2026, 11:11 pm
KPIT Technologies Grants 21,000 Options Under RSU Plan 2022
AI Summary
KPIT Technologies' Nomination and Remuneration (HR) Committee approved the grant of 21,000 options to eligible employees under the KPIT Technologies Limited - Restricted Stock Unit Plan 2022 (RSU Plan 2022) on April 28, 2026. The RSU Plan 2022 was previously approved by shareholders on August 24, 2022. Each option allows the employee to be issued one share at an exercise price of ₹10, which is the face value of the share. Options will vest after a minimum of 1 year and a maximum of 4 years from the grant date, and can be exercised within 5 years from the vesting date.
Key Highlights
- KPIT Technologies granted 21,000 options to eligible employees.
- Options were granted under the RSU Plan 2022.
- The exercise price is ₹10 per option, which is the face value.
- Options will vest between 1 to 4 years from the grant date.
- Vested options are exercisable within 5 years from vesting.
Price Impact
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