Key Details
The Compensation Committee of Board of Directors of JSW Infrastructure Limited, at their meeting held on 7th August, 2026, approved the grant of 3,95,159 (Three Lakhs Ninety Five Thousand One Hundred and Fifty Nine) options to eligible employees under Shri O.P. Jindal Employee Stock Ownership Plan (JSWIL) – 2026 ("OPJ ESOP Plan 2026").
Meeting Details
- Meeting Date: 7th August, 2026
- Commencement Time: 3:30 PM
- Conclusion Time: 4:30 PM
ESOP Plan Specifications
- Total Options Granted: 3,95,159 options
- Equivalent Equity Shares: Equal number of equity shares of face value of ₹2 each fully paid-up
- Exercise Price: ₹2 (Rupees Two Only) per Option
- Compliance Status: OPJ ESOP Plan 2026 is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Vesting and Exercise Terms
- Vesting Period: Minimum 1 year, maximum 3 years from date of grant
- Exercise Period: 4 years from date of grant for vested Options
- Administration: Compensation Committee of Board of Directors entrusted with administration and supervision
Current Status
- Options vested: Not applicable at this stage
- Options exercised: Not applicable at this stage
- Money realized by exercise: Not applicable at this stage
- Shares from exercised Options: Not applicable at this stage
- Options lapsed: Not applicable at this stage
- Variation of terms: Not applicable at this stage
- Subsequent changes: Not applicable at this stage
- Diluted EPS impact: Not applicable at this stage
Distribution
Submitted to BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) Limited.