Date: July 29, 2026
Board Meeting Outcomes
- The Nomination and Remuneration Committee of the Board of Directors approved the grant of 1,20,000 employee stock options under Jagsonpal Pharmaceuticals Limited Employees Stock Option Plan, 2022.
- The meeting was held on July 29, 2026.
- The exercise price is set at Rs. 179.25 per option.
ESOP Details
- The options are convertible into an equivalent number of equity shares of Rs. 2.00 each.
- Vesting schedule: 4 equal annual tranches commencing from the first anniversary of the grant date (July 29, 2026).