Grant date fixed for 5,00,000 stock options to Managing Director under CCL ESOS 2025

08th October, 2026 fixed as the grant date for 5,00,000 stock options to Managing Director Mr. Subba Rao Veeravenkata Meka under CCL ESOS 2025.

Thu 8 Oct 2026

Stock Options Granted

5,00,000 stock options to Managing Director Mr. Subba Rao Veeravenkata Meka

Exercise Price

Rs. 50/- per option

Vesting Schedule

50% vest on 7th October, 2027 and 50% on 7th October, 2028

What the company informed the exchange

The Nomination and Remuneration Committee meeting held on 08th October, 2026 is the grant date for options granted to Mr. Subba Rao Veeravenkata Meka (a.k.a Venkat Subbarao), Managing Director of the company, under the Crescentis Capital Limited Employees' Stock Option Scheme, 2025 (CCL ESOS 2025).

What was granted

• 5,00,000 Stock Options
• One (1) Option entitles the grantee to One (1) Equity Share, so the options cover 5,00,000 Equity Shares
• Exercise price: Rs. 50/- per option

When the options vest

• 7th October, 2027: 50% of the options, that is 2,50,000 options
• 7th October, 2028: 50% of the options, that is 2,50,000 options

How the options can be exercised

The period within which vested options may be exercised is "the period as may be determined by the Nomination and Remuneration Committee, from time to time, within which the Eligible Employees may Exercise the Vested Options and as per the scheme."

Background to the grant

The company refers to its earlier intimation dated 29th May, 2026 and to the approval accorded by shareholders at the 33rd Annual General Meeting held on 26th August, 2026 for the grant of Employee Stock Options exceeding 1% of the issued share capital of the company.

Where the grant stands today

• Options exercised: Not Applicable
• Money realized by exercise of Options: Not Applicable
• Options lapsed: Not Applicable
• Variation of terms of Options: Not Applicable
• Total number of shares arising as a result of exercise of Option: 5,00,000
• Diluted earnings per share pursuant to issue of equity shares on exercise of Options: Not Applicable

The scheme is stated to be in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

How a retail investor can read this

• An employee stock option gives the holder the right to buy one equity share later at a pre-fixed price of Rs. 50/-. The Managing Director does not receive shares today; the options only become exercisable as they vest.
• Vesting is spread over two years, so the full 5,00,000 options are not exercisable at one go.
• When options are eventually exercised, equity shares are issued to the option holder, which adds to the total number of shares in issue.

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