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 its Employees Stock Option Scheme 2025. The grant was made via a circular resolution on August 15, 2026. Each option, when exercised, will convert into one equity share of face value ₹10. The exercise price is set at ₹382 per stock option. The vesting period commences from the grant date, with a phased vesting schedule over five years. Options can be exercised within two years from the respective vesting period. Shares allotted upon exercise are not subject to a lock-in period.