
ESOP3 Nov 2026, 06:31 pm
Zodiac JRD-MKJ Approves ESOP Grant
AI Summary
Zodiac JRD-MKJ Limited announced that its Nomination and Remuneration Committee and Board of Directors, in a meeting held on November 3, 2026, approved the grant of 1,42,066 stock options to eligible employees under the Zodiac JRD MKJ Employee Stock Option Plan 2026. The options will vest in a graded manner over three years and can be exercised anytime after vesting but before five years from the grant date. The company also approved the unaudited financial results for the second quarter and half-year ended September 30, 2026, along with the limited review report.
Key Highlights
- Board approved grant of 1,42,066 employee stock options.
- ESOPs to vest over three years in a graded manner.
- Options exercisable within five years post-vesting.
- Unaudited financial results for Q2 FY27 declared.
- Limited review report also approved by the board.
Price Impact
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