TCPL Packaging Limited — Important, 01-08-2025: General Updates

TCPL Packaging has issued 11,321 stock options in its second tranche under the ESOP 2022 plan. This follows member approval to extend the scheme to employees of group companies. Each option has an exercise price of Rs. 1623.80. These options will vest over 2 to 4 years and can be exercised within four years post-vesting. The total shares allocated under the ESOP 2022 do not exceed 3% of the paid-up share capital, or 2,73,000 shares, reflecting a focus on expanded employee incentives.