Key Event Details
The Nomination and Remuneration Committee (NRC) of the Board of Directors approved via circular resolution passed on 05th June, 2026 the grant of 1,41,300 (One Lakh Forty One Thousand Three Hundred Only) Employee Stock Options under the "Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017" (LLOYDS ESOP-2017).
Detailed Option Terms
- Total number of options granted: 1,41,300
- Each option exercisable into: 1 equity share of face value Re. 1/- each fully paid-up
- Maximum shares issuable: 1,41,300 equity shares
- Exercise price: Rs. 4/- per option (determined by NRC as per the Plan)
- Vesting period: Minimum 1 (One) Year from date of grant
- Vesting schedule: As specified in the Grant Letter
- Exercise period: All vested options exercisable within maximum 3 (Three) years from date of vesting
Current Status
- Options vested: Not Applicable (as of grant date)
- Options exercised: Not Applicable
- Money realized by exercise: Not Applicable
- Shares arising from exercise: Not Applicable
- Options lapsed: Not Applicable
- Variation of terms: Not Applicable
- Subsequent changes/cancellation: Not Applicable
- Diluted EPS impact: Not Applicable (no options exercised)
Disclosure Requirements
Disclosure made pursuant to Regulation 30 of Listing Regulations read with Clause B(10) of Annexure 18 of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024.
Additional Information
The disclosure is available on the company website at www.lloyds.in.