Key Details of ESOP Grant
- Approval Body: Nomination and Remuneration Committee (NRC) of the Board of Directors
- Approval Date: 05th June, 2026
- Approval Method: Circular resolution
- Number of Options Granted: 10,61,689 (Ten Lakh Sixty One Thousand Six Hundred and Eighty Nine) Employee Stock Options
- Scheme Name: Lloyds Metals and Energy Employee Stock Option Scheme - 2024 (LLOYDS ESOP-2024 / Plan)
- Regulatory Compliance: The scheme is in terms of Securities and Exchange Board of India (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
Share Details
- Total Shares Covered: 10,61,689 equity shares
- Face Value: Re. 1 per share
- Share Status: Fully paid-up
Pricing and Exercise Terms
- Exercise Price: ₹4 per Option
- Pricing Determination: Decided by the Nomination & Remuneration Committee as per the LLOYDS ESOP-2024 scheme
- Vesting Period: Minimum 1 (One) Year from the date of Grant
- Vesting Schedule: As specified in the Grant Letter
- Exercise Window: All vested Options must be exercised within a maximum period of 12 (Twelve) months from the date of vesting
Current Status
- Options vested: Not Applicable
- Options exercised: Not Applicable
- Money realized by exercise of options: Not Applicable
- Total number of shares arising from exercise: Not Applicable
- Options lapsed: Not Applicable
- Variation of terms of options: Not Applicable
- Subsequent changes or cancellation or exercise: Not Applicable
- Diluted earnings per share: Not Applicable
Additional Information
- The disclosure is made pursuant to Clause B(10) of Annexure 18 of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024
- The complete details are available on the company website at www.lloyds.in
- The letter was signed by Akshay Pankaj Vora, Company Secretary, on 05th June, 2026 at 17:55:00 +05'30'
Financial Impact
Financial impact not quantified in the disclosure regarding dilution or earnings per share.
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