Date: October 27, 2026

Employee Stock Option Grants

Cipla Limited has made the following grants under its employee benefit schemes in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021:

ESOS 2013-A Scheme Grant

  • Scheme: Employee Stock Option Scheme 2013-A (ESOS 2013-A)
  • Type: Stock options
  • Number of options granted: 8,679
  • Vesting period: 2 years from the grant date
  • Exercise period: 5 years from the vesting date
  • Exercise price: INR 2 per stock option

ESAR 2021 Scheme Grant

  • Scheme: Cipla Employee Stock Appreciation Rights Scheme 2021 (ESAR 2021)
  • Type: Employee Stock Appreciation Rights (ESARs)
  • Number of ESARs granted: 27,140
  • Vesting: 3 years graded vesting
  • Exercise period: 5 years from the vesting date
  • Exercise price: INR 2 per equity share

Total Grants Summary

  • Total stock options/ESARs granted: 35,819
  • Combined exercise price for all grants: INR 71,638 (based on INR 2 per instrument)

Board Meeting Details

  • Meeting date: October 27, 2026
  • Commencement time: 10:00 a.m. IST
  • Conclusion time: 1:30 p.m. IST
  • Duration: 3 hours 30 minutes

Signatories and Preparation

  • Digital signature timestamp: October 27, 2026 at 13:46:18 +05:30
  • Prepared by: Neelam Padwad