JTL Industries Limited has made a regulatory disclosure regarding the grant of employee stock options under SEBI Listing Regulations.

Approval Details

The grant was approved by the Nomination and Remuneration Committee of the company through a Resolution by Circulation on Monday, August 10, 2026.

Key Quantitative Figures

  • Total options granted: 11,42,500
  • Each option convertible into one equity share of face value Re. 1/- each
  • Exercise price: ₹20 (Rupees Twenty Only) per option
  • Maximum potential equity shares arising: 11,42,500 shares (if all options are vested and exercised)

Vesting Schedule

The options are subject to a minimum vesting period of one year and vest as follows:

  • 30% vest at the end of the 1st year from the Date of Grant
  • 30% vest at the end of the 2nd year from the Date of Grant
  • 40% vest at the end of the 3rd year from the Date of Grant

Exercise Period

After vesting, options can be exercised either wholly or partly within a maximum exercise period of 2 (Two) years from the date of respective vesting.

Scheme Implementation

The scheme is implemented through direct route for fresh allotment from the company to eligible employees based on eligibility criteria mentioned in the scheme.