Committee Meeting Outcome

The Nomination and Remuneration Committee (NRC) of Swastika Investmart Limited held a meeting on Wednesday, 21st October 2026. The meeting concluded at 02:50 P.M.

The committee approved the grant of 5,000 (Five Thousand) Employee Stock Options to eligible employees of the company under the Swastika Investmart Limited - Employee Stock Option Scheme 2025 (Swastika ESOS-2025).

Key Terms of ESOP Grant

  • Number of Options Granted: 5,000
  • Effective Date of Grant: 21st October 2026
  • Conversion Ratio: Each option is convertible into one Equity Share of the company
  • Face Value per Share: ₹2
  • Exercise Price: ₹52.50 per option
  • Total Shares Covered: 5,000 equity shares of ₹2 face value each

Vesting and Exercise Details

  • Vesting Period: Minimum 1 (One) Year from the date of grant
  • Vesting Schedule: As per the Grant Letter to be issued to employees
  • Exercise Period: All vested options must be exercised within a maximum period of 3 (Three) years from the date of vesting

Significant Terms of the Scheme

  • The scheme is administered by the Nomination and Remuneration Committee of the company
  • The scheme provides specific terms for handling options in cases of death, permanent incapacity, resignation, termination, retirement, etc.
  • Options are subject to requisite adjustments pursuant to corporate actions as provided under the scheme

Non-Applicable Items at This Stage

The disclosure specifies that the following items are not applicable as this outcome pertains only to the grant of options:

  • Options Vested
  • Options Exercised
  • Money realized by exercise of options
  • Total number of shares arising from exercise of options
  • Options lapsed
  • Variation of terms of Options
  • Subsequent changes or cancellation or exercise of such options
  • Diluted earnings per share pursuant to issue of equity shares

Additional Information

The disclosure will be available on the company's website at www.swastika.co.in.