KPIT Technologies Grants 21,000 Employee Stock Options

KPIT Technologies' committee approved a grant of 21,000 restricted stock units to eligible employees under its 2022 plan.
Each option has an exercise price of ₹10 and vests between one to four years from the grant date.
Vested options can be exercised within a five-year period, with each option convertible to one equity share.
The grant is made in compliance with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.