Kirloskar Pneumatic Company Limited — Others, 19-07-2025: ESOP/ESOS/ESPS

Kirloskar Pneumatic's Nomination and Remuneration Committee has approved granting 48,000 stock options to eligible employees under the 'KPCL Employee Stock Option Scheme 2019'. Each option is convertible into one equity share with a face value of Rs. 2, at an exercise price of Rs. 900 per option. These options will vest based on performance parameters set by the committee and can be exercised within three years from the vesting date. This move aims to incentivize employees and align their interests with shareholder value creation.