Kirloskar Pneumatic has approved the grant of 8,000 stock options to its eligible employees. These options are part of the ‘KPCL Employee Stock Option Scheme 2019’. Each option is convertible into one equity share with a face value of Rs. 2. The vesting of these stock options will be based on performance parameters approved by the company’s committee.
Grant of Stock Options
Kirloskar Pneumatic has announced the grant of 8,000 stock options to eligible employees. The decision was made during a meeting of the Board of Directors on January 23, 2026.
Key Details of the Stock Options
Number of Options Granted
8,000
Scheme Compliance
Compliant with SEBI regulations for Share Based Employee Benefits and Sweat Equity Regulations, 2021.
Total Shares Covered
8,000 equity shares (each with a face value of Rs. 2).
Exercise Price
Rs 840/- per stock option.
Exercise Window
Three years from the vesting date.
Vesting Schedule
Subject to performance parameters approved by the committee.
Source: BSE
