Telge Projects Ltd Approves Grant of Up To 39,909 Employee Stock Options
Telge Projects Limited has approved the issuance of up to 39,909 stock options as part of its TPL - ESOP 2026 scheme. The approval was granted by the Nomination and Remuneration Committee during a meeting held on July 16, 2026.The option grant covers a total of 39,909 equity shares of the company. According to the approved terms, the exercise price for each option is set at Rs. 110. This pricing represents a discount of approximately 30.60% relative to the prevailing market price of Rs. 158.50 per equity share as of July 15, 2026.
The scheme outlines specific vesting and exercise timelines for the options. The vesting period is scheduled to occur no earlier than 1 year and no later than 5 years from the date of grant. Once vested, the options may be exercised within a period of up to 2 years from the vesting date.
Detailed information regarding the option grant includes the following figures:
| Particulars | Details |
|---|---|
| Total Options Granted | Up to 39,909 |
| Total Equity Shares Covered | 39,909 |
| Exercise Price | Rs. 110 |
| Market Price (as of July 15, 2026) | Rs. 158.50 |
| Discount Percentage | Approximately 30.60% |
| Vesting Period | 1 to 5 years from date of grant |
| Exercise Window | Up to 2 years from vesting date |
The company has structured these terms under the TPL - ESOP 2026 framework to provide for employee stock benefits. The specifics of the allocation and significant terms are governed by the provisions set forth in the TPL - ESOP 2026 scheme.
Stock Price Movement
As of 09:56 this Thursday, Telge Projects Ltd shares are edging higher to ₹160.00, up 0.95%. These shares are swinging between an intraday low of ₹150.65 and a high of ₹166.40 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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