Jubilant Ingrevia’s Board of Directors approved the grant of 123,704 stock options/restricted stock units (RSUs) to eligible employees under the 2021 Employee Stock Option Plan. This decision was made at a meeting on October 27, 2025. For RSUs, the exercise price is Re. 1 per share. For stock options, the exercise price is Rs. 677.70 per share.
Stock Option and RSU Grants
Jubilant Ingrevia has announced the grant of stock options and restricted stock units (RSUs) to its employees. The decision was finalized during the Board of Directors meeting held on October 27, 2025.
Key Details of the Grant
A total of 123,704 stock options and RSUs have been granted under the Jubilant Ingrevia Employees Stock Option Plan 2021. The specifics are as follows:
- RSUs: For the 47,694 RSUs, the exercise price is set at Re. 1 per equity share. Vesting will occur at the end of the 3rd year, and are exercisable within one year from the vesting date.
- Stock Options: For the 76,010 stock options, the exercise price is Rs. 677.70 each.
Vesting Schedule
The vesting schedule for the 76,010 stock options is as follows:
- Year 1: 20%
- Year 2: 30%
- Year 3: 50%
These options will be exercisable within a maximum period of 8 years from the grant date, subject to the terms of the Jubilant Ingrevia Employees Stock Option Plan 2021. Vesting is subject to a minimum of one year and maximum of five years from the date of grant.
Source: BSE
