Jubilant Ingrevia Limited — Others, 22-10-2024: Options to purchase securities

Jubilant Ingrevia's Board of Directors approved the grant of 100,291 stock options to eligible employees under its Employees Stock Option Plan 2021. The exercise price varies, with 37,148 options priced at Re. 1 and 63,143 options at Rs. 733 each. The options will vest over a period, with the first group vesting fully by the end of the third year, and are exercisable within one to eight years post-vesting, subject to terms of the plan.