The Nomination and Remuneration Committee (NRC Committee) of the Board of Directors approved the grant at its meeting held on August 11, 2026, which commenced at 2:00 PM and concluded at 2:45 PM.
Key Details of Stock Option Grant:
- Scheme Name: JACPL Employees Stock Option Scheme 2018
- Total Options Granted: 26,367 stock options
- Recipients: Eligible employees as determined by the NRC Committee
- Regulatory Compliance: The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Shares Covered: 26,367 Equity Shares (each stock option convertible into one equity share)
- Face Value: ₹10 per share
- Exercise Price: ₹10 per Stock Option
- Vesting Period: Options will vest on the 3rd anniversary of the Grant Date, subject to fulfilment of pre-vesting conditions
- Exercise Period: 8 years from the Grant Date
The disclosure was made in accordance with SEBI Circular no. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The requirements prescribed under sub-clauses (g) to (k), (m) & (n) of Clause 10 of Para B of Annexure 18 of this circular were noted as not applicable.
The intimation has been made available on the company's website at www.jacpl.co.in.
The communication was digitally signed by Hariom Pandey, Company Secretary, on August 11, 2026 at 14:49:55 IST.