TTK Prestige Grants 6,862 Stock Options Under LTI Plan 2023

TTK Prestige Ltd announced the grant of 6,862 stock options to eligible employees under its Long Term Incentive (Stock Option) Plan 2023. The grant, approved by the Nomination and Remuneration Committee on June 26, 2026, includes both Time Linked and Performance Linked Options. These options will vest over four years, with 25% vesting annually, subject to fulfillment of grant conditions. The exercise price for Time Linked Options is ₹513.50, a 10% discount to the previous day's market price, while Performance Linked Options have an exercise price of ₹1.00 (face value). The plan was approved by shareholders on March 8, 2023, with 13,86,140 shares reserved for this purpose.