
ESOP26 Aug 2026, 10:20 pm
Tilaknagar Industries Approves ESOP Vesting Schedule Variation
AI Summary
Tilaknagar Industries Ltd announced that its Nomination and Remuneration Committee has approved a variation in the vesting schedule for 10,65,000 stock options previously granted to eligible employees under the ESOP Scheme 2025. The original grant was made on August 15, 2026. The revised vesting schedule is now time-based, with 10% vesting upon completion of the first year, 20% after the second year, 30% after the third year, and 40% after the fourth year from the grant date. All other terms and conditions of the stock options remain unchanged. This disclosure is made in compliance with SEBI (LODR) Regulations, 2015.
Key Highlights
- Nomination and Remuneration Committee approved ESOP vesting schedule variation.
- 10,65,000 stock options are subject to the revised vesting schedule.
- New vesting is 10%, 20%, 30%, 40% over four years.
- All other ESOP terms and conditions remain unchanged.
Price Impact
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