Key Quantitative Figures

  • Number of Options Granted: 74,247
  • Exercise Price per Option: ₹2,842.83
  • Face Value per Underlying Share: ₹10
  • Total Shares Covered: 74,247 equity shares (each option convertible into one equity share)

Dates of Action

  • Committee Meeting Date: July 24, 2026
  • Meeting Time: Commenced at 5:30 PM, concluded at 6:13 PM
  • Disclosure Date: July 24, 2026

Parties Involved

  • Granting Authority: Nomination Remuneration Committee of CEAT Limited
  • Recipients: Eligible employees of CEAT Limited
  • Scheme Administrator: CEAT Limited Welfare Trust

Scheme Details

  • Scheme Name: CEAT Employees Stock Options Scheme 2025
  • Compliance: Scheme is in terms of SEBI (SBEB & SE) Regulations, 2021
  • Pricing Formula: Exercise price determined by Committee based on Market Price as defined in the Scheme, with a discount of 15%
  • Exercise Period: After vesting, options may be exercised (wholly or partly) within a maximum period of 3 years from respective vesting date
  • Exercise Mechanism: Cash mechanism and/or cashless mechanism

Implementation Method

The scheme is implemented through trust route wherein the CEAT Limited Welfare Trust shall acquire existing shares by way of secondary acquisition from the market.

Financial Impact

Financial impact of the option grant on diluted earnings per share is not quantified in this disclosure as it pertains specifically to the grant of options under the scheme.