Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting - ESOP Scheme Approvals

Audit Opinion:

Not Specified

Key Financial Highlights:

Not Specified

Corporate Actions:

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee and subject to shareholder approval and regulatory approvals, approved:

1. Senior Executive Employee Stock Option Policy 2026 (SE ESOP 2026):

  • Aggregate number of Stock Options: Not exercisable into more than 26,50,000 equity shares
  • Percentage of paid-up equity share capital: Approximately 2.49% on fully diluted basis
  • Exercise Price: Discounted fixed price of ₹10 per option
  • Implementation: Through issuance of new equity shares by the Company
  • Administration: By Nomination and Remuneration Committee functioning as Compensation Committee
  • Vesting Period: Minimum one year between grant and vesting of options
  • Compliance: In terms of SEBI SBEB SE Regulations, 2021

2. Employee Stock Option Policy 2026 (Employee ESOP 2026):

  • Aggregate number of Stock Options: Not exercisable into more than 47,00,000 equity shares
  • Percentage of paid-up equity share capital: Approximately 4.42% on fully diluted basis
  • Exercise Price: Discounted fixed price of ₹10 per option
  • Implementation: Through issuance of new equity shares by the Company
  • Administration: By Nomination and Remuneration Committee functioning as Compensation Committee
  • Vesting Period: Minimum one year between grant and vesting of options
  • Eligibility: Made to eligible employees according to prescribed criteria
  • Compliance: In terms of SEBI SBEB SE Regulations, 2021

Other Significant Information:

  • The grant includes stock options equal to or exceeding 1% of issued capital to identified employees during any one year
  • Options will be granted in one or more tranches
  • Vested options entitle holders to acquire equal number of equity shares upon payment of exercise price and applicable taxes
  • The information has been made available on the Company's website: https://www.blissgvs.com/