Date: October 31, 2026

ESOP Grant Details

  • Number of Options Granted: 32,025 stock options
  • Share Conversion: Each stock option is convertible into one equity share of face value ₹10 each
  • Regulatory Compliance: The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • Exercise Price: ₹253.60 per option
  • Vesting Schedule: 4-year equal vesting period:
  • 25% (8,006 options) on October 31, 2027
  • 25% (8,006 options) on October 31, 2028
  • 25% (8,006 options) on October 31, 2029
  • 25% (8,006 options) on October 31, 2030
  • Exercise Period: 2 years from the date of vesting of each tranche
  • Governance: The ESOP Plan is administered and implemented by the Nomination and Remuneration Committee of the Company in terms of SEBI ESOP Regulations 2021

Additional Information

  • Event Date and Time: October 31, 2026 at 14:50 hrs (IST)
  • Note: The requirements prescribed under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated as on January 30, 2026 are not applicable

Corporate Offices

  • Corporate Office: Max Towers, L-20, C-001/A/1, Sector-16B, Noida-201301, Uttar Pradesh, India