KPIT Technologies Limited — Important, 22-10-2024: Updates

KPIT Technologies Limited’s Nomination and Remuneration Committee approved the grant of 5,000 options under the Restricted Stock Unit Plan 2022 for eligible employees. The exercise price is set at Rs 10 per option. The options will vest after a minimum of one year and can be exercised within five years from the vesting date. Currently, no options have been exercised or lapsed. The move aims to incentivize employee performance and retention.