The Nomination and Remuneration Committee (NRC) of Lloyds Metals and Energy Limited approved the grant of 17,049 (Seventeen Thousand and Forty Nine Only) Employee Stock Options (Options) under the "Lloyds Metals and Energy Employee Stock Option Scheme - 2024" (LLOYDS ESOP-2024/Plan) via circular resolution passed on 23rd June, 2026.
- Total Options Granted: 17,049 Options
- Each Option is exercisable into one equity share of face value of Re. 1/- (Rupee One Only) each fully paid-up
- Exercise Price: Rs. 4/- per Option as determined by the NRC
- The scheme complies with Securities and Exchange Board of India (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
- Vesting Period: Minimum 1 (One) Year from the date of Grant
- Exercise Window: All vested Options must be exercised within maximum 12 (Twelve) months from the date of vesting
- Vesting schedule is specified in the Grant Letter
- The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Clause B(10) of Annexure 18 of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024
Additional Announcements:
No additional corporate updates were provided in this filing.