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An update from Jindal Steel & Power Ltd. ( (IN:JINDALSTEL) ) is now available.
Jindal Steel Limited has approved the grant of 571,909 stock options to eligible employees of the company and its subsidiary under the Jindal Steel Employee Benefit Scheme 2022, as cleared by the Nomination and Remuneration Committee on December 20, 2025. The options, which are compliant with SEBI’s Share Based Employee Benefits and Sweat Equity Regulations 2021, will convert one-for-one into equity shares with a pricing formula of face value plus 50% of the market price, vest in five equal annual tranches of 20%, and can be exercised within five years of vesting, reinforcing the company’s long-term employee retention and alignment strategy.
More about Jindal Steel & Power Ltd.
Jindal Steel Limited, formerly known as Jindal Steel & Power Limited, operates in the steel industry, producing steel products for a range of industrial and infrastructure applications. The company is listed on both BSE and NSE in India and follows SEBI’s corporate governance and disclosure requirements in managing its listed equity and employee incentive schemes.
Average Trading Volume: 28,216
Technical Sentiment Signal: Buy
Current Market Cap: 1021.4B INR
Learn more about JINDALSTEL stock on TipRanks’ Stock Analysis page.