The Board of Directors of the Company, at its meeting held on Tuesday, October 27, 2026 (commencing at 11:10 a.m. and concluding at 02:00 p.m.), approved the grant of 3,037 Restricted Stock Units (RSUs) to eligible employees under the Jubilant Ingrevia Employees Stock Option Scheme 2021.
The disclosure is made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Details of the Stock Option Grant:
- Total Options Granted: 3,037 Restricted Stock Units (RSUs)
- Scheme Compliance: The grant is in terms of SEBI (Share Based Employee Benefits) Regulations, 2021
- Shares Covered: 3,037 equity shares of face value of Re. 1/- each
- Pricing Formula: Exercise price is Re. 1/- per equity share (face value)
- Vesting Schedule: RSUs will vest at the end of the 3rd year from the grant date
- Exercise Period: Options are exercisable within one year from the date of vesting, subject to the terms of the ESOP Scheme 2021
- Grant Basis: RSUs are granted based on employee tenure and rating
The required documents are available on the Company's website at www.jubilantingrevia.com.