KPI Green Energy Limited has officially approved the issuance of 26,261 stock options to an eligible employee under the company’s 2023 Employee Stock Option Plan. This grant, approved by the Nomination and Remuneration Committee on May 15, 2026, aligns with the company’s commitment to incentivizing talent. Each option is exercisable into one equity share with a face value of Rs. 5, at an exercise price of Rs. 35 per share.
Stock Option Grant Details
On May 15, 2026, the Board of Directors at KPI Green Energy Limited finalized the grant of 26,261 stock options. This allocation is part of the company’s ongoing efforts to align employee incentives with long-term organizational success under the KPI Green – ESOP 2023 framework.
Pricing and Conversion Terms
The grant carries a specific valuation and conversion structure designed to benefit the participating employee. Each individual option grants the right to acquire one equity share of the company, which holds a face value of Rs. 5 per share. The exercise price for these options has been set at Rs. 35 per share, as ratified by the Compensation Committee.
Vesting Schedule and Exercise Period
The granted options follow a structured timeline for realization. They are subject to a minimum vesting period of one year from the date of grant. Once vested, the employee is eligible to exercise the options in whole or in part within a window of three months. Shares acquired through the exercise of these options will be freely transferable and exempt from any lock-in periods.
Terms of Lapse
The company has established clear guidelines regarding the lifecycle of these options. Any options that remain unexercised beyond the designated three-month window will automatically lapse, and the beneficiary will forfeit all rights to those specific options. The plan allows for vesting in one or more tranches, with a maximum vesting horizon capped at five years from the date of the grant.
Source: BSE
