October 21, 2026

Key Details of ESOP Grant

The Nomination and Remuneration Committee of Jaykay Enterprises Limited approved the grant of 13,000 (Thirteen Thousand) Stock Options to eligible employees under the JKE Employee Stock Option Scheme 2025 at its meeting held on October 21, 2026. The meeting commenced at 12:00 Noon and concluded at 12:30 P.M.

ESOP Scheme Specifications

  • Total shares covered: 13,000 Equity Shares of face value of Re. 1/- each (Each Stock Option convertible into One Equity Share)
  • Exercise price: ₹215.01 per Stock Option
  • Pricing basis: Closing market price of shares on October 19, 2026 (previous trading day) on the National Stock Exchange of India Limited (exchange with higher trading volume)
  • Scheme compliance: In terms of SEBI (SBEB & SE) Regulations, 2021

Vesting Schedule

Subject to fulfilment of pre-vesting conditions, the Stock Options shall vest as follows:

  • At the end of 1st year from grant date: 33.33% of Options
  • At the end of 2nd year from grant date: 33.33% of Options
  • At the end of 3rd year from grant date: 33.34% of Options

Exercise Period

All Options upon vesting shall be exercisable in one or more tranches during an Exercise period of 2 (Two) years.

Current Status

  • Options exercised: Not Applicable
  • Money realized by exercise of Options: Not Applicable
  • Total number of Shares from exercise: Not Applicable
  • Options lapsed: Not Applicable
  • Variation in terms of Options: Not Applicable
  • Subsequent changes or cancellation: Not Applicable
  • Diluted earnings per share impact: Not Applicable

Additional Information

The disclosure will be hosted on the Company's website at www.jaykayenterprises.com.