Please find attached herewith intimation regarding grant of options
KIRLOSENG · price
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Kirloskar Oil Engines Ltd has announced the grant of 2,40,000 employee stock options (ESOPs) to eligible employees, as approved by the Nomination and Remuneration Committee on 14th May 2026. The options have an exercise price of Rs. 959.76 per option, with vesting to occur after a minimum period of 1 year and maximum of 4 years from the grant date. Once vested, employees can exercise these options within 2 years. As of now, no options have been vested, exercised, or lapsed. The grant is under the KOEL ESOP 2019 scheme and complies with SEBI (SBEB) Regulations, 2021.
This is a routine employee compensation disclosure with no immediate impact on shareholding or stock price. However, it reflects management's intent to retain talent and align employee interests with shareholders over the long term.