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KPIT Technologies LimitedImportant, 28-01-2025: Updates

28-01-2025 | 02:01 pm

The Nomination and Remuneration Committee of KPIT Technologies Limited has approved the grant of 17,350 options under the Restricted Stock Unit Plan 2022 to eligible employees. These options will have an exercise price of ₹10 per option and will vest after a minimum of one year but not later than four years from the grant date. The options can be exercised within five years of vesting. Currently, no options have vested or been exercised. This initiative aligns with the company’s strategy to incentivize employee performance and retention. Investors should monitor how this plan may impact the company’s operational momentum and workforce engagement.

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