Pidilite Grants 144,270 ESOPs at Re 1 Exercise Price

Key Quantitative Figures

Pidilite Industries Limited granted a total of 144,270 stock options under its ESOP-2016 plan. The exercise price for all options is Re. 1/- per option.

Dates of Action

The grant was approved and issued to eligible employees on 27th October 2026.

Vesting Schedule

The options vest according to the following detailed schedule:

• 67,940 options vest on 27th October 2027
• 1,095 options vest on 26th May 2028
• 785 options vest on 28th July 2028
• 68,950 options vest on 27th October 2028
• 1,330 options vest on 1st December 2028
• 1,170 options vest on 6th January 2029
• 3,000 options vest on 27th October 2029

Exercise Period

The exercise period for all 144,270 stock options will be up to 3 years from the date of vesting of the respective options.

Parties Involved

The options were granted to eligible employees of Pidilite Industries Limited. The disclosure was signed by Manisha Shetty, Company Secretary and addressed to the corporate relationship departments of both BSE Ltd. and National Stock Exchange of India Ltd.