BSECompany Update10 Aug 2026 · 10 Aug 2026, 03:25 pm
Intimation regarding grant of Stock Options under JTL Industries Employee Stock Option Scheme-2026. The Disclosure is attached herewith.
JTL Industries Ltd · 534600
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JTL Industries Ltd has granted 11,42,500 employee stock options under the JTL Industries Employee Stock Option Scheme-2025, with an exercise price of Rs. 20/- per option. The options are subject to a minimum vesting period of one year and can be exercised within a maximum period of 2 years from the date of vesting.
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JTL Industries Ltd - 534600 - Intimation Regarding Grant Of Stock Options Under JTL Industries Employee Stock Option Scheme-2025
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August 10, 2026
The Manager, The Manager,
Corporate Relationship Department, Listing Department,
BSE Limited. National Stock Exchange of India Ltd.
25th Floor, P.J. Towers, ‘Exchange Plaza’, C- 1 Block G, Bandra Kurla
Dalal Street, Complex, Bandra (East)
Mumbai - 400001 Mumbai – 400051
Scrip Code: 534600 NSE Symbol: JTLIND
Re: Intimation of Grant of Options under JTL Industries Employee Stock Option Scheme
– 2025 (“Scheme”)
Dear Sir/Ma’am,
In accordance with the provisions of Section 175 of the Companies Act, 2013 and Regulation
30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we hereby inform that the Nomination and Remuneration
Committee (“the Committee”) of JTL Industries Limited (“ the Company”) has unanimously
passed a Resolution by Circulation on Monday, August 10, 2026, approving the grant of
11,42,500 (Eleven Lacs Forty Two Thousand Five Hundred) Employee Stock Options
(“Options”), to the eligible employees, convertible into equal number of Equity Shares of the
Company of face value of Re. 1/- each, under the JTL Industries Employee Stock Option Scheme
– 2025 (“Scheme”).
The relevant disclosure, as required under Regulation 30 read with Para B of Part A of Schedule
III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, is enclosed as “Annexure-A”
Kindly take the same on record.
Thanking you,
Yours faithfully,
For JTL Industries Limited
Amrender Kumar Yadav
Company Secretary & Compliance Officer
Membership No. A41946
Annexure-A
Disclosure required under Regulation 30 read with Para A of Part A of Schedule III of the
SEBI Listing Regulations and SEBI circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026
Sl. No. Particulars Details
1. Name of the Scheme JTL Industries Employee Stock Option Scheme –
2025 (“Scheme”)
2. Brief details of options granted Grant of 11,42,500 options to eligible employees.
Effective grant date being August 10, 2026
3. Whether the Scheme is in terms Yes
of SEBI (SBEB & SE)
Regulations, 2021 (if
applicable)
4. Total number of shares covered 11,42,500 Options which shall be convertible into
by these options equal number of Equity Shares of face value Re. 1/-
each.
5. Pricing Formula The options are granted at an exercise price of Rs.
20/- (Rupees Twenty Only) per Option as approved
by the Nomination and Remuneration Committee.
6. Options Vested (Vesting The stock options granted are subject to a
Schedule) minimum vesting period of one (1) year and shall
be vested as below: -
Date of Vesting Number of options
to be vested
At the end of 1st year 30%
from the Date of Grant
At the end of 2nd year 30%
from the Date of Grant
At the end of 3rd year 40%
from the Date of Grant
7. Time within which option may A fter Vesting, Options can be exercised either
be exercised wholly or partly, within a maximum exercise
period of 2 (Two) years from the date of respective
vesting.
8. Options exercised Not Applicable, as this outcome is pertaining to
grant of Options under the Scheme.
9. Money realized by exercise of
Options
10. The total number of Shares 11,42,500 Equity Shares of face value Re. 1/- each
arising as a result of exercise of will arise deeming all granted options are vested
Option and exercised.
11. Options lapsed Not Applicable, as this outcome is pertaining to
grant of Options under the Scheme.
12. Variation in terms of Options
13. Brief details of significant terms The Scheme shall be implemented through direct
route for extending the benefits to the Eligible
Employees by the way of fresh allotment from the
Company.
The grant of Options is based upon the eligibility
criteria as mentioned in the Scheme.
The Vesting Period shall commence from a period
of 1 (One) year from the Grant Date and shall
extend upto a maximum period of 3 (Three) years
from the Grant Date, at the discretion of and in the
manner prescribed by the Committee and set out in
the Grant Letter.
After Vesting, Options can be exercised either
wholly or partly, within a maximum Exercise
Period of 2 (Two) years from the date of respective
Vesting, during the Exercise Window as intimated
from time to time to the Grantee, after submitting
the Exercise Application along with payment of the
Exercise Price, applicable taxes and other charges,
if any.
14. Subsequent changes or Not Applicable, as this outcome is pertaining to
cancellation or exercise of such grant of Options under the Scheme.
Options
15. Diluted earnings per share
pursuant to the issue of equity
shares on exercise of Options.