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The Nomination and Remuneration Committee has approved the grant of 2,60,280 Performance Share Units (PSUs) to eligible employees under the Tata Consumer Products Limited- Share-based Long Term Incentive Scheme 2024. This grant follows shareholder approval through a Postal Ballot. Each PSU is priced at Rs. 1, representing the face value of the underlying equity shares. The exercise period of the PSUs will begin upon vesting and will last for one year, extendable by up to two years at the discretion of the Committee. This initiative aims to align employee performance with the company’s long-term success and could enhance retention and morale among key personnel. Investors should monitor the impact of this decision on the company’s talent management strategy and overall performance trajectory.