Date: October 9, 2026
Board Meeting Outcomes
- The Nomination and Remuneration Committee at its meeting held on October 9, 2026 allotted 2,58,800 fully paid-up equity shares of face value of Rs. 2/- each to eligible employee(s)
- Allotment was made pursuant to exercise of 51,760 Stock Options under the Transrail Lighting Employees Stock Option Plan 2023
- Each Stock Option exercised is convertible into 5 (Five) equity shares of the Company
Capital Structure Impact
- Issued, subscribed and paid-up equity share capital increased from 13,42,56,025 Equity Shares aggregating to Rs. 26,85,12,050/- to 13,45,14,825 equity shares aggregating to Rs. 26,90,29,650/-
- The equity shares allotted shall rank pari passu with the existing equity shares of the Company in all respects
ESOP Scheme Details
- Scheme Title: Transrail Lighting Employees Stock Option Plan 2023
- Exercise price: Rs. 140.40 per equity share, being Rs. 702 per Stock Option
- Premium per share: Rs. 138.40 per equity share
- Money realized by exercise of options: Rs. 3,63,35,520
- Distinctive numbers: From 13,42,56,026 to 13,45,14,825 (Both inclusive)
- ISIN Number: INE454P01035
Vesting and Exercise Details
- Total options granted: 1,06,580
- Options vested: 81,640
- Options exercised: 51,760
- Options lapsed: 24,940
- Exercise period: From September 8, 2026 to September 07, 2028
- Vesting schedule: Three tranches of 40%, 30% and 30% after completion of 36 months, 48 months and 60 months, respectively from the Grant Date
Financial Metrics
- Diluted earnings per share pursuant to issue of equity shares on exercise of options (Provisional): 8.22
- Note: Profit for the period June 2026 is considered for calculation on Diluted EPS and the figure is not annualized
Additional Information
- No lock-in on the shares
- No variation in the terms of the options granted
- Options are personal to the grantees and are non-transferable
- No subsequent changes or cancellation or exercise of such options