TTK Prestige Limited has made a regulatory disclosure regarding the allotment of equity shares under its employee stock option plan.

Key Quantitative Figures

  • Number of shares allotted: 685 equity shares
  • Face value: ₹1 per share
  • Issue price: ₹1 per share for Performance Linked Options
  • Total money realized by exercise of options: ₹14,78,031 (including current exercise)
  • Pre-allotment paid-up equity share capital: ₹13,69,66,384 (13,69,66,384 equity shares)
  • Post-allotment paid-up equity share capital: ₹13,69,67,069 (13,69,67,069 equity shares)
  • Total options granted under the plan: 13,86,140 shares reserved
  • Options already exercised and listed: 19,030
  • Options vested but pending exercise: 44,946
  • Options outstanding for vesting: 3,14,375
  • Options lapsed: 1,22,401

Dates of Action

  • Allotment date: October 16, 2026
  • Committee approval date: October 16, 2026
  • BSE in-principle approval: May 19, 2023 (Letter No. DCS/IPO/TL/ESOP-IP/2763/2023-24)
  • NSE in-principle approval: May 23, 2023 (Letter No. NSE/LIST/35335)
  • Shareholder approval of ESOP plan: March 8, 2023
  • Regulatory filings with exchanges: April 25, 2023

Parties Involved

  • Nomination and Remuneration Committee of TTK Prestige Limited
  • BSE Limited
  • National Stock Exchange of India Limited
  • Eligible employees of the company

ESOP Plan Details

  • Plan name: TTK Prestige Limited - Long Term Incentive (Stock Options) Plan 2023
  • Total options covering both Time Linked and Performance Linked Options: 500,752
  • Pricing formula:
  • Time Linked Options: 10% discount to Current Market Price on date of grant
  • Performance Linked Options: Face value of ₹1 each
  • Exercise period: Options must be exercised within 2 years from date of vesting
  • Options exercised in current tranche: 685
  • Total options exercised including current: 19,715

Share Characteristics

  • Distinctive numbers: 138633051 to 138633735 (both inclusive)
  • Shares rank pari-passu with existing equity shares
  • No lock-in restrictions applicable
  • No premium per share
  • No listing fees payable

Additional Information

The disclosure will be made available on the company's website at www.ttkprestige.com