CCL Products (India) Limited has informed the Exchange regarding Grant of 6000 Options.
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CCL Products has granted 6,000 stock options to an eligible employee under its Employee Stock Option Scheme-2022, approved by the Nomination and Remuneration Committee on May 5, 2025. Each option, once exercised, will be converted into one equity share of face value Rs. 2, meaning the company could issue up to 6,000 new shares. The exercise price has been fixed at Rs. 2 per share (i.e., at face value, no premium). Options will vest only upon achieving earmarked performance targets, and employees must exercise them within 2 years of vesting. The scheme is compliant with SEBI's Share Based Employee Benefits Regulations, 2021.
This is a small, routine ESOP grant (6,000 shares) and is unlikely to materially affect share price or dilution. It signals the company is using equity incentives to retain employees, tying rewards to performance targets.