TTK Prestige Limited granted 6,862 stock options to eligible employees under its Long Term Incentive (Stock Option) Plan 2023 on June 26, 2026. The Nomination and Remuneration Committee approved the grant through a circular resolution. This issuance comprises both Time Linked Options and Performance Linked Options, which will vest over a period of four years in tranches of 25% each year, subject to the fulfillment of grant conditions.

The scheme is compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Each stock option is convertible into one fully paid-up equity share with a face value of Re.1. The total number of shares covered by the current grant is 6,862 equity shares.

Exercise Price and Vesting Schedule

The exercise price varies based on the type of option granted. Time Linked Options are priced at ₹513.50, representing a 10% discount to the National Stock Exchange's closing market price on June 25, 2026. Performance Linked Options are priced at the face value of ₹1.00.

Vesting is contingent upon the fulfillment of grant conditions and will occur in tranches of 25% each year for four years. The first tranche vests upon the completion of the first year from the date of grant.

Once vested, the options must be exercised within a period of two years from the date of vesting. The detailed disclosure regarding this grant has been hosted on the company's website and submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

TTK Prestige has fixed Friday, July 29, 2026, as the record date to determine shareholder eligibility for its 70th Annual General Meeting (AGM) and dividend payment. The Register of Members and Share Transfer Books will remain closed on this date. The AGM is scheduled to be held on Tuesday, August 4, 2026, where shareholders will consider the declaration of a dividend subject to tax deducted at source.

The dividend, if approved by the members at the AGM, is scheduled to be paid on and from August 18, 2026. This announcement was made pursuant to Regulation 42 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key AGM and Dividend Dates

The company intimated the National Stock Exchange and BSE Limited regarding the closure of its register of members and the specific record date. The notification was signed by Manjula K V, Company Secretary & Compliance Officer of TTK Prestige Limited.