Tata Consumer Products Limited Grants 3,25,020 Performance Share Units under Employee Incentive Scheme
Tata Consumer Products Limited (TCPL) announced that its Nomination and Remuneration Committee of the Board approved the grant of Performance Share Units (PSUs) to eligible employees. The approval for this grant was made on May 08, 2026.The PSUs are part of the company’s Tata Consumer Products Limited-Share-based Long Term Incentive Scheme 2024 (TCPL-SLTI Scheme 2024).
In total, the committee approved the grant of 3,25,020 Performance Share Units to eligible employees.
The structure and key terms of the PSU grant are detailed as follows:
| Detail | Description | Value |
|---|---|---|
| Total PSUs Granted | Units granted to eligible employees | 3,25,020 |
| Scheme Name | TCPL-SLTI Scheme 2024 | N/A |
| Exercise Price | Price per PSU | Re. 1/- (Rupee One Only) |
| Total Shares Covered | Fully paid-up equity shares of Re. 1/- each | 3,25,020 |
| Exercise Period | Commences from the vesting date | Expires twelve months from the date of vesting |
The PSUs are based on the TCPL-SLTI Scheme 2024. The number of PSUs granted to eligible employees was determined based on the Long Term Incentive Pay amount awarded, divided by the Closing Market Price of the Shares on the NSE on May 07, 2026.
The Nomination & Remuneration Committee reserves the right to extend the Exercise Period by a further period of two years, if deemed fit. The Exercise Period for the PSUs commences from the date of Vesting of PSUs.
TATACONSUM Stock Price Movement
On Friday, TATA CONSUMER PRODUCTS LIMITED shares edged higher, closing at ₹1176.2 and gaining ₹24.90, representing a 2.16% rally. The equity saw sustained interest throughout the session, recording a total traded volume of 3.67 million shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.