Key Details of ESOP Grant

  • Approving Authority: The Nomination and Remuneration Committee of the Board of Directors
  • Approval Date: 19th October 2026
  • Approval Method: Circular Resolution
  • Number of Options Granted: 135,440 (One Lakh Thirty-Five Thousand Four Hundred Forty) Employee Stock Options
  • Underlying Instrument: Each option is convertible into one equity share of the company
  • Face Value per Share: Re. 1/- each
  • ESOP Plan: Lloyds Enterprises Limited Employee Stock Option Plan - 2025

Financial Parameters

  • Exercise Price: ₹2 per stock option

Vesting and Exercise Details

  • Vesting Period: Options have a minimum vesting period of one (1) year from the date of grant
  • Vesting Schedule: Specific vesting schedule will be specified in the respective grant letters to employees
  • Exercise Period: Once vested, options may be exercised within 3 (three) years from the date of respective vesting

Additional Information

  • Not Applicable Items: Options Vested, Options Exercised, Money Realized, Total Shares from Exercise, Options Lapsed, Variation of Terms, Subsequent Changes/Cancellation/Exercise, Diluted EPS - all marked "Not Applicable" as this disclosure pertains only to the grant of options