More Details on This News

Pakka Limited has announced the grant of 1,24,500 stock options under the Pakka Team Stock Option Plan – 2021. The grant was approved by the Nomination and Remuneration Committee during its meeting held on December 31, 2025, which commenced at 11:30 a.m. IST and concluded at 11:58 a.m. IST.

Each stock option carries an exercise price of ₹152.31 per option. These options entitle the holder to one equity share of face value ₹10 each. The stock options are granted to 89 eligible team members of the company.

The plan was initially approved by shareholders at an Extra-Ordinary General Meeting on May 6, 2022. The company had previously received in-principle approval from BSE Limited and NSE for listing of equity shares to be issued pursuant to the plan. Previous grants were made on July 7, 2022, September 2, 2023, and June 27, 2024. The plan name was changed from Yash Pakka Team Stock Option Plan – 2021 to Pakka Team Stock Option Plan – 2021, and its validity period was extended following shareholder approvals at the 45th Annual General Meeting on September 30, 2025.

The granted stock options will vest after one year from the date of grant, subject to the plan's terms and conditions. The vested stock options can be exercised by eligible employees on or before December 31, 2031, from their respective vesting dates.