TTK Prestige allots equity shares to employees under stock plan

TTK Prestige Limited's nomination and remuneration committee has approved the allotment of 1,010 equity shares, each with a face value of Re. 1/-, at an issue price of Re. 1/-. This allotment follows the exercise of performance linked options vested with eligible employees under the TTK Prestige Limited - Long Term Incentive (Stock Options) Plan 2023.

Following this allotment, the company's paid-up equity share capital has increased from Rs. 13,69,49,974 to Rs. 13,69,50,984. The company had previously received in-principle approvals for these shares from BSE Limited and the National Stock Exchange of India Limited.

The TTK Prestige Long Term Incentive (Stock Option) Plan 2023, approved by shareholders on March 8, 2023, reserved 13,86,140 shares for eligible employees. Out of these, 26,410 options were vested, with 1,010 options now exercised. The shares issued on November 12, 2025, will rank pari-passu with existing equity shares.