Intimation of Grant of employee stock options under "Borosil Limited - Employee Stock Option Scheme 2020"

October 29, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block - G, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 543212 Symbol: BOROLTD Dear Sirs, Sub: Intimation for grant of employee stock options under "Borosil Limited - Employee Stock Option Scheme 2020" This is to intimate that the Nomination and Remuneration Committee (“NRC”) of the Board of Directors of the Company at its meeting held today, i.e. October 29, 2026, has passed a resolution approving the grant of 7,23,200 stock options under ‘Borosil Limited - Employee Stock Option Scheme 2020’, as amended (“Scheme”). Each stock option entitles the option holder to apply for one equity share of the Company of Re.1/- each. The details, as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI’s Master Circular updated as on January 30, 2026, are provided in the Annexure. The meeting of the NRC commenced at 10:35 a.m. (IST) and concluded at 12:00 noon (IST). The intimation is also being uploaded on the Company's website at www.borosil.com. This is for your information and records. Thanking you. Yours faithfully, For Borosil Limited Pradeep Joshi Company Secretary & Compliance Officer FCS – 4959 Encl.: as above Annexure Sr. Particulars Details 1 Brief details of options 7,23,200 stock options granted to eligible employees granted under "Borosil Limited - Employee Stock Option Scheme 2020". 2 Whether the scheme is in Yes terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable) 3 Total number of shares 7,23,200 equity shares of Re. 1/- each fully paid-up. covered by these options 4 Pricing formula The said options have been granted at Rs. 192.8/- per option, i.e. at 20% discount on the market price. The market price is the latest available closing price on National Stock Exchange of India Limited, being the stock exchange which recorded the highest trading volume in the equity shares of the Company on October 28, 2026 (being the previous trading day immediately preceding the date on which the options have been granted). 5 Options vested Nil 6 Time within which option The exercise period shall commence from the may be exercised respective date of vesting and shall expire upon completion of five years from the date of such vesting. In the event of cessation of employment, the exercise period and treatment of vested and unvested options shall be governed by the relevant provisions of the Scheme. 7 Options exercised Nil 8 Money realized by exercise Nil of options 9 The total number of shares Nil arising as a result of exercise of option Each option shall carry the right to be issued one equity share of Re. 1/- each of the Company. 10 Options lapsed Nil 11 Variation of terms of options - 12 Brief details of significant The options would vest in the following manner: terms Date of vesting Vesting % 1st Anniversary from the 33% of the options date of the grant granted 2nd Anniversary from the 33% of the options date of the grant granted 3rd Anniversary from the 34% of the options date of the grant granted 13 Subsequent changes or Nil cancellation or exercise of such options 14 Diluted earnings per share Not applicable, as this outcome pertains to the grant of pursuant to issue of equity Options. shares on exercise of options