KPIT Technologies has granted 21,000 stock options to eligible employees under its Restricted Stock Unit Plan 2022 (RSU Plan 2022). The grant was approved by the Nomination and Remuneration Committee on January 28, 2026. These options, approved by shareholders on August 24, 2022, have an exercise price of ₹10 per option and can be exercised within five years of vesting. The total number of shares covered by these options does not exceed 21,000.
Stock Option Grant Details
KPIT Technologies has announced the grant of 21,000 options to its eligible employees under the KPIT Technologies Limited-Restricted Stock Unit Plan 2022 (“RSU Plan 2022”). The decision was made during the Nomination and Remuneration (HR) Committee meeting held on January 28, 2026.
Key Terms of the Grant
The scheme adheres to SEBI (Share Based Employee Benefits) Regulations, 2014 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The total number of shares covered by these options does not exceed 21,000. The exercise price is set at ₹10 per option, representing the face value of the share on the grant date.
Vesting and Exercising
The options are not yet vested, and vested options can be exercised within a period of 5 years from the date of vesting. Vesting will occur after a minimum period of 1 year, but no later than a maximum of 4 years from the grant date.
Additional Information
No options have been exercised as of the announcement date. Each option carries the right to be issued one Share of the Company. Diluted earnings per share related to the issuance of equity shares on the exercise of these options are yet to be determined.
Source: BSE
