Shree Vasu Logistics Limited's Nomination and Remuneration Committee (NRC) meeting held on October 14, 2026 (from 01:00 PM to 03:15 PM IST) approved the grant of Employee Stock Options (ESOPs).

Key Details:

  • Total Options Granted: 5000 options convertible into equal number of equity shares
  • Face Value: Rs. 10 per share
  • Exercise Price: Rs. 10 per option
  • ESOP Plan: Shree Vasu Logistics Limited Employee Stock Option Plan, 2022 (SVLL ESOP-2022)
  • Effective Grant Date: October 14, 2026
  • Vesting Period: Full vesting after 3 years on October 14, 2029
  • Exercise Window: 6 months from vesting date
  • Lock-in: No lock-in period for allotted shares
  • Conversion: 5000 options will convert into 5000 equity shares upon exercise
  • Allotment Method: Direct route (company will allot fresh shares directly to employees)

Regulatory Compliance:

  • The scheme complies with SEBI (SBEB & SE) Regulations, 2021
  • Disclosure made pursuant to Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015
  • Reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Additional Information:

  • The shares will rank pari-passu with existing equity shares
  • No options have lapsed or varied
  • No subsequent changes, cancellations, or exercises reported
  • Diluted EPS impact not applicable as this is only the grant announcement

Additional Announcements

The filing does not contain any additional corporate announcements beyond the ESOP grant details.