Grant Details
Date of Grant: 19th October, 2026
Granting Authority: Nomination, Remuneration and Compensation Committee of the Board of Directors
Scheme Name: UltraTech Cement Limited Employee Stock Option and Performance Stock Unit Scheme, 2022 (Scheme - 2022)
Total Options Granted: 3,536 stock options in aggregate, comprising:
- 3,220 standard stock options
- 316 Performance Stock Units (PSUs)
Regulatory Compliance: The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Vesting Schedule
For Standard Options:
- 33% vesting every year over 3 years
- First vesting occurs on completion of one year from date of grant (19th October, 2027)
For Performance Stock Units (PSUs):
- 100% vesting at end of 3 years from date of grant (19th October, 2029)
Exercise Terms
Exercise Period: Stock options may be exercised within 5 years from date of vesting
Exercise Price:
- For standard options: ₹10,907 per option
- Pricing based on 'Market Price' on 16th October, 2026
- Determined in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations 2021
- For PSUs: ₹10 per PSU
Additional Information
The disclosure was signed by Dhiraj Kapoor, Company Secretary and Compliance Officer, on 19th October, 2026 at 18:35:28 IST.
The document also notes that the information was sent to Luxembourg Stock Exchange (Scrip Code: US90403E1038 and US90403E2028) and Singapore Exchange (ISIN Code: US90403YAA73 and USY9048BAA18).
Company Registration Details: