Kriti Industries Approves Grant of 100,000 Employee Stock Options Under ESOP Plan 2024
Kriti Industries (India) Limited has announced the grant of 100,000 Employee Stock Options (ESOPs) to its eligible employees under the Kriti Industries Employee Stock Option Plan 2024. This decision was approved by the Board of Directors during a meeting held on August 11, 2026, following recommendations from the Nomination and Remuneration Committee.The ESOP grant is part of the company's commitment to its workforce and outlines detailed terms for the options. The plan covers 1,00,000 equity shares, each with a face value of ₹1/-.
The options were granted at an exercise price of ₹67.62 per option. This price was determined based on the closing price of Kriti Industries' equity shares on the National Stock Exchange of India Limited (NSE) on August 10, 2026, which recorded the highest trading volume on that exchange.
The terms and conditions for the ESOPs establish specific timelines for vesting and exercise:
| Particular | Details (ESOP Plan 2024) |
|---|---|
| Options Granted | 1,00,000 options to eligible employees |
| Total Shares Covered | 1,00,000 equity shares |
| Exercise Price per Option | ₹67.62 |
| Minimum Vesting Period | 1 year from the date of Grant |
| Maximum Vesting Period | 5 years from the date of Grant |
| Option Exercise Window | Within 5 years from the date of vesting |
KRITI Stock Price Movement
As of 3:08 PM, shares of Kriti Industries (India) Limited are shedding 0.77%, currently trading at ₹67.10 after registering a drop of ₹0.52 from the previous close. The company’s stock has recorded a traded volume of 23,377 shares so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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