Announced Tue, 14 Jul · 17:43 IST
Kirloskar Pneumatic grants 54,000 stock options to employees
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KIRLPNU · price
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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹1758.00
prior close
₹1755.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.7+1.1+0.7-0.9-3.6-1.6-8.0-8.9-15.2————
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AI summary
Kirloskar Pneumatic's Nomination and Remuneration Committee on July 14, 2026 approved grant of 54,000 stock options to eligible employees under the KPCL Employee Stock Option Scheme 2019. Each option is convertible into 1 equity share of face value Rs. 2, at an exercise price of Rs. 1,100 per option. Options vest based on performance parameters approved by the committee, with 3 years to exercise from the date of vesting.
Likely market impact
Minor dilution risk; signals management commitment to retain talent through performance-linked equity awards.