Tilaknagar Industries Grants 10.65 Lakh Stock Options

Tilaknagar Industries Ltd announced that its Nomination and Remuneration Committee has approved the grant of 10,65,000 stock options to eligible employees under the Employees Stock Option Scheme 2025. The options are exercisable at ₹382 per option. Vesting will occur over five years, with 10% after the first year, 20% after the second, 30% after the third, and 40% after the fourth year. The exercise period is two years from the respective vesting date. The shares allotted upon exercise will not be subject to a lock-in period.