Intimation for Grant of Employee Stock Options under '' Onward Employee Stock Option Scheme 2024'' ("Scheme")

Ref No.: OTL/Secretarial/SE/2026-27/61 Date: October 12 , 2026 BSE Limited National Stock Exchange of India Ltd., Phiroz Jeejeebhoy Towers, Plot No. C/1 'G' Block Dalal Street, Mumbai – 400023 Bandra – Kurla Complex Bandra East, Mumbai 400051 Ref: Scrip Code - BSE: 517536 NSE: ONWARDTEC Sub: Intimation for Grant of Employee Stock Options under ‘Onward Employee Stock Option Scheme 2024’ (“Scheme”), Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”), we wish to inform that the Nomination and Remuneration Committee (“NRC”) of the Company, by resolution passed by circulation on October 12, 2026, has considered and approved the grant of 38,000 employee stock options (“ESOPs”) under ‘Onward Employee Stock Option Scheme 2024’ (“Scheme”), to the eligible employees. Requisite details as per the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure A. For Onward Technologies Limited Aakash Joshi Company Secretary & Compliance Officer Membership No :- A60953 Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto Annexure – A Details under Regulation 30 of the Listing Regulations read along with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 Sr. Particulars Details 1. Brief details of options granted 38,000 Stock Options have been granted to eligible Employees on such terms as decided by Nomination & Remuneration Committee 2. Whether the Scheme is in terms of SEBI Yes (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 as amended from time to time (if applicable) 3. Total number of shares covered by these 38,000 (thirty eight) equity shares of Rs. 10/- each. options 4. Pricing formula Exercise Price will be 20% discount to the Market Price as on the date of Grant 5. Options vested Nil 6. Time within which option may be The Exercise Period for Vested Options shall be a exercised maximum of 2 (Two) years commencing from the relevant date of Vesting of Options 7. Options exercised 8. Money realized by exercise of options 9. The total number of shares arising as a Not Applicable result of exercise of option 10. Options lapsed 11. Variation of terms of options 12. Brief details of significant terms Onward Employee Stock Option Scheme 2024’ (“Scheme”) is – • Administered by the Trust and supervised by the Nomination and Remuneration Committee. • The options granted under this would Vest not earlier than minimum Vesting Period of 1 (One) year and not later than maximum Vesting Period of 4 (Four) years from the Grant Date. • The Exercise Period for Vested Options shall be a maximum of 2 (Two) Year years commencing from the relevant date of Vesting of Options, 13. Subsequent changes or cancellation or Not Applicable exercise of such options 14. Diluted earnings per share pursuant to Not Applicable issue of equity shares on exercise of options Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto