JSW Paints grants Stock Options to all employees

JSW Paints, India’s most environment-friendly paints company and part of US$ 13 billion JSW Group, crossed Rs 100 crore monthly sales in October 2021. This is an important business milestone and JSW Paints has become the fastest Indian paints company to achieve this feat. The Rs 100 crore monthly sales milestone puts JSW Paints firmly on track to achieve its goal of crossing Rs 1,000 crore revenue in FY22.

In the first half of FY22, the Company has grown approximately 120 percent on a year-on-year basis. JSW Paints also completed its national roll-out to become the only Indian paints company to achieve a pan-India presence within 100 weeks of business operations. JSW Paints is taking forward the spirit of the Start-up India program by the Government of India by rolling-out its Employee Stock Options Plan called JSW Paints Kshitij ESOP 2021 for allits employees. This is the first time an Indian Paints company is implementing an ESOP plan where every employee will receive equity shares of the Company.

By editor

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