KPIT Technologies grants 8,000 employee stock options
KPIT Technologies Limited announced today, October 28, 2025, that its nomination and remuneration committee approved the grant of 8,000 stock options to eligible employees. These options are issued under the KPIT Technologies Limited - Restricted Stock Unit Plan 2022 (RSU Plan 2022), which shareholders sanctioned at the annual general meeting on August 24, 2022. The scheme aligns with SEBI regulations concerning share-based employee benefits.
The grant covers a total of 8,000 shares, with an exercise price per RSU set at the face value of the share on the grant date, at INR 10 per option. According to the scheme's terms, options will vest after a minimum period of one year but not exceeding four years from the grant date. Once vested, these options can be exercised within a five-year window from the vesting date or a shorter period as decided by the committee.
As of this announcement, no options have been exercised, and the company confirmed that each option carries the right to be issued one equity share. This move aims to incentivize employees and is a key disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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