ESOP/ESOS/ESPS

Pine Labs Limited has announced the grant of 2,610,989 employee stock options to eligible employees. These options fall under the company's Pine Labs Employee Stock Option Plan 2025 and were approved by the Nomination and Remuneration Committee. The grant remains within the previously established shareholder-approved limit of 102,098,072 options. This decision aims to incentivize and retain key talent, aligning employee interests with the company's long-term growth. Investors should consider the potential for future equity dilution as these options are exercised.