Kajaria Ceramics Limited — Others, 22-07-2025: ESOP/ESOS/ESPS

Kajaria Ceramics' Nomination and Remuneration Committee has granted 1,35,000 stock options under its ESOP Scheme 2015. These options represent an equal number of equity shares. Each option has an exercise price of Rs. 800 and was granted at a discount of Rs. 453.10 to the Fair Market Price. Employees can exercise these options over an eight-year period, with vesting occurring progressively: 40% after one year, another 40% after two years, and the final 20% after three years. This move is part of the company's employee benefits program, aligning employee incentives with long-term company performance.