Banka BioLoo Limited has granted 16,000 (Sixteen Thousand) Options under its Employees Stock Option Plan - 2023 ("Scheme") to eligible employees. Each option is exercisable into one equity share of face value ₹10 (Rupee Ten) each. The exercise price is set at face value of ₹10 per share.
The vesting schedule is structured as follows:
- Upon completion of 12 calendar months from date of grant: 25% of Options vest
- Upon completion of 24 calendar months from date of grant: 25% of Options vest
- Upon completion of 36 calendar months from date of grant: 25% of Options vest
- Upon completion of 48 calendar months from date of grant: 25% of Options vest
Options can be exercised by eligible employees within 2 years from the date of vesting. The equity shares allotted upon exercise of stock options will not be subject to lock-in and shall rank pari passu with all other equity shares of the Company from the date of allotment.
The scheme is compliant with SEBI (SBEB & SE) Regulations, 2021, and the disclosure is made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and Regulation 30 of SEBI Listing Regulations.
The grant was approved by the Nomination and Remuneration Committee of the Board of Directors at their meeting held on Thursday, August 13, 2026.
Additional Announcements:
No additional corporate updates were provided in this filing.