Kati Patang Lifestyle Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Nomination and Remuneration Committee of the Board of Directors granted 37,70,000 (Thirty-Seven Lakh Seventy Thousand) stock options to eligible employees of the company under "Grant – I August 2026" pursuant to the "KATI PATANG LIFESTYLE EMPLOYEE STOCK OPTION SCHEME – 2025." The committee meeting was held on August 26, 2026, starting at 04:00 p.m. and concluding at 04:45 p.m.
Key Details of the ESOP Grant:
- Total Options Granted: 37,70,000 stock options
- Scheme Name: KATI PATANG LIFESTYLE EMPLOYEE STOCK OPTION SCHEME – 2025
- Grant Reference: Grant – I August 2026
- Underlying Security: Each stock option confers the right to receive one equity share of ₹10 each
- Exercise Price: ₹10 per share
- Vesting Schedule: Options vest over a maximum period of 2 years from the date of grant
- Exercise Period: 5 years from the date of vesting of stock options
- Regulatory Compliance: The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Current Status:
- Options exercised: Not Applicable
- Money realized by exercise of options: Not Applicable
- Total number of shares from exercised options: Not Applicable
- Options lapsed: Not Applicable
- Variation of terms: Not Applicable
- Subsequent changes/cancellation/exercise: Not Applicable
- Diluted EPS impact: Not Applicable
The disclosure was made in accordance with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company's significant terms for the options are as per the offer letter to employees.
The disclosure was signed by Sanjeev Kumar Jha, Company Secretary, on August 26, 2026, at 17:08:33 IST.
Financial Impact
Financial impact not quantified in the disclosure as no options have been exercised yet.