Subject: Grant of Options to the Eligible Employees under – Insolation Energy Employee Stock Option Plan 2024 ("ESOP 2024"/"Plan")
ESOP Grant Details:
- The Nomination and Remuneration Committee approved the grant of 1,06,500 (One Lakh Six Thousand Five Hundred) options on 28th September, 2026
- Exercise price: Rs. 3.80 per option
- Face value: Re. 1 per option
- This grant represents tranche 9 out of a total grant of 20,00,000 (Twenty Lacs) options under the plan
- Options granted to eligible employees of the Company and its subsidiary, associate, and group companies
Plan Compliance:
- The ESOP 2024 plan is in compliance with SEBI (SBEB) Regulations, 2021
- Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026
Vesting and Exercise Terms:
- Vesting period: Minimum 1 year from grant date, maximum 5 years from grant date
- Vesting schedule, percentage, and conditions determined by the Committee and communicated to grantees
- Exercise period: 18 months from the date of vesting of options
- Options will be governed by the terms of the Insolation Energy Employee Stock Option Plan 2024
Additional Information:
- The options are intended to motivate consistently performing employees and act as a retention tool
- Purpose includes allowing employees to participate in company performance and attract new talent
- Subsequent changes or cancellation of options: Not Applicable (N.A.)
Corporate Offices:
- Registered/Corporate Office: Fluidcon House, C-02, New Aatish Market Extension, Mansarovar, Jaipur (Raj.) - 302020
- Multiple factory locations in Jaipur and Bhopal
- Delhi Office: 607, Indraprakash Building, 21 Barakhamba Road, New Delhi - 110001
Contact Information: