The Nomination and Remuneration Committee of Banka BioLoo Limited approved the grant of 2,000 (Two Thousand) Options under the Banka BioLoo Limited Employees Stock Option Plan – 2023 ("Scheme") via circular resolution passed on October 16, 2026, at approximately 11:30 AM.

  • Total number of shares covered by these options: 2,000 (Two Thousand) Equity Shares of face value Rs. 10/- (Rupee Ten) each.
  • Pricing Formula: At face value i.e., Rs. 10/- (Rupee Ten) each.
  • The scheme is in compliance with SEBI (SBEB & SE) Regulations, 2021.
  • The equity shares allotted will rank pari passu with all other equity shares of the Company from the date of allotment.
  • The shares are not subject to any lock-in period.

Vesting Schedule:

  • 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

Exercise Period: Options can be exercised within 2 years from the date of vesting.

Regulatory Compliance: Disclosure made pursuant to Regulation 30 of SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Additional Announcements:

No additional corporate updates were included in this filing.