General Updates

R Aditya Vision Limited R Date- November 05, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai-400001 Mumbai- 400051 Scrip Code: 540205 Symbol-AVL Sub: Intimation of grant of Stock Options pursuant to “Aditya Vision - Employee Stock Option Plan 2021” Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the Nomination and Remuneration Committee of the Board of Directors of the Company, at its meeting held on Thursday, November 05, 2026 has approved the grant of 4,06,500 (Four lakhs Six Thousand and Five Hundred) Stock Options under ESOP 2021 in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 as amended from time to time. The details required to be furnished under the Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 have been provided in Annexure-A to this letter. Kindly take the above information on record. Thanking You Yours faithfully For Aditya Vision Limited Akanksha Arya Company Secretary R Aditya Vision Limited R Annexure - A Details under Regulation 30 of the Listing Regulations read along with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 S. No. Particulars Details 1. Brief details of options 4,06,500 (Four lakhs six Thousand and Five granted Hundred) Stock Options granted to eligible employees under ESOP Plan 2021. 2. Whether the scheme is in Yes - Employee Stock Option Plan 2021 is in terms of SEBI (SBEB) compliance with SEBI (Share Based Employee Regulations, 2021 (if Benefits and Sweat Equity) Regulations, 2021 as applicable) amended from time to time 3. Total number of shares 4,06,500 equity shares of ₹1/- each of the covered by these options Company. Each stock option carries the right to apply for and be allotted 1 (one) equity share of face value of ₹1/- each of the Company. 4. Pricing formula/Exercise The Exercise Price shall be determined by the Price Nomination and Remuneration Committee based on the closing market price of the equity shares on the recognized stock exchange having the highest trading volume on the said date shall be considered. However, the Exercise Price shall not be less than ₹1/- which is the face value of shares. Accordingly, the NRC had decided the exercise price at a discount to the market price and determined the same at ₹350/- per Options. 5. Option Vested The ESOPs granted above shall vest as under:- 10% at the end of 1st year 20% at the end of 2nd year 30% at the end of 3rd year and 40% at the end of 4th year from the date of grant R Aditya Vision Limited R 6. Time within which option may be Exercise Period for the vested options will be exercised upto 4 (four) years from the date of respective vesting. 7. Options exercised 8. Money realized by exercise of Options Not Applicable 9. The total number of Shares arising as a result of exercise of Option 10. Options lapsed 11. Variation in terms of Options 12. Brief details of significant terms The Equity Shares allotted upon exercise of Stock Options will rank pari-passu in all respects with the existing equity shares of the Company. The Stock Options granted to any Employee shall vest within the Vesting Period in the manner as set forth in the “Aditya Vision - Employee Stock Option Plan 2021”. There shall be a minimum period of one year between the Grant of Stock Options and Vesting of Stock Options. 13. Subsequent changes or cancellation or exercise of such Options Not Applicable 14. Diluted earnings per share pursuant to the issue of equity shares on exercise of Options.