Key Quantitative Figures

  • Number of Options Granted: 101,748
  • Exercise Price: ₹10 per share
  • Face Value of Underlying Shares: ₹10 each
  • Total Shares Covered: 101,748 equity shares

Dates and Timing

  • Committee Meeting Date: 24 August 2026
  • Meeting Duration: 4:00 PM to 4:05 PM (IST)
  • Exercise Period: Within 2 years from date of vesting

Parties Involved

  • Granting Authority: Nomination and Remuneration Committee of the Company
  • Recipients: Eligible employees of the company
  • Compliance Officer: Vinod Patil, Company Secretary and Compliance Officer (Membership No. A13258)

Scheme Details

  • Scheme Name: Kolte-Patil Employee Stock Option Scheme-2021 (KPESOS 2021)
  • Compliance: Formulated and approved by shareholders pursuant to SEBI (Share Based Employee Benefits) Regulations, 2021
  • Administration: Administered by the Nomination and Remuneration Committee
  • Conversion Ratio: Each stock option carries the right to apply for and be allotted 1 (one) equity share

Vesting and Exercise Terms

  • Vesting Schedule: As per individual grant letters approved by the Nomination and Remuneration Committee
  • Exercise Window: Within 2 years from the date of vesting of options
  • Eligibility: Based on criteria mentioned in KPESOS 2021 and its framework approved by the Committee

Financial Impact

  • Current Diluted EPS: Not applicable as options are yet to be exercised
  • Potential Equity Dilution: 101,748 equity shares upon full exercise of all granted options
  • Exercise Proceeds: ₹1,017,480 potential inflow upon full exercise (101,748 options × ₹10 exercise price)

Additional Information

  • Options Vested: Not applicable at grant stage
  • Options Exercised: Not applicable at grant stage
  • Money Realized: Not applicable at grant stage
  • Options Lapsed: Not disclosed
  • Variation of Terms: Not disclosed
  • Subsequent Changes: Not applicable

Corporate Identity

  • Bangalore Office: 121, The Estate Building, 10th floor, Dickenson Road, Bangalore 560042, India