ALPHA TRIBE

TTK Prestige LimitedOthers, 22-04-2025: Options to purchase securities

22-04-2025 | 05:47 pm

TTK Prestige Limited's Nomination and Remuneration Committee has approved the grant of 1,20,225 stock options under the Long Term Incentive Plan 2023 for eligible employees. This includes both Time Linked and Performance Linked Options, set to vest over four years, starting after one year from the grant date. The Exercise Prices are Rs 587.61 for Time Linked Options—a 10% discount on the closing market price—and Rs 1.00 for Performance Linked Options. This strategic move aims to align employee interests with company performance. Investors may view this as a positive outlook, enhancing employee retention and motivation while potentially boosting long-term shareholder value.

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