Grant of options to the eligible employees

10 November 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai- 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 543260 NSE Symbol: STOVEKRAFT Dear Sir / Madam, Sub: Grant of Stock Options to eligible employees Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that based on recommendation of the Nomination and Remuneration Committee of the Company, the Board of Directors vide circular resolution passed today i.e., 10 November 2026, approved grant of 97,519 Stock Options to eligible employees of the Company in terms of Stove Kraft Employee Stock Option Plan 2018 (ESOP Plan 2018), subject to necessary approvals in this regard. As required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30 January 2026, the requisite details are enclosed as Annexure A. Kindly take the above information on record and acknowledge. Thanking you, Yours faithfully, For Stove Kraft Limited Shrinivas P Harapanahalli Company Secretary & Compliance Officer Annexure A Details as required under SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30 January 2026 Sl.no Particulars Details 1 Brief details of options granted; 97,519 options were granted. 2 Whether the scheme is in terms Yes of SEBI (SBEB) Regulations, 2021 (if applicable); 3 Total number of shares covered 97,519 Equity shares of Face Value Re by these options; 10/- 4 Pricing formula; Rs 789.35/- per option (Being the latest available closing price on 09 November 2026 on National Stock Exchange of India Limited, with highest turnover.) 5 Options vested; Please see point no.12. 6 Time within which option may Within 4 years from the date of vesting. be exercised; 7 Options exercised; Options have to be exercised as per terms of ESOP Plan 2018 and grant letter. 8 Money realized by exercise of Not Applicable options; 9 The total number of shares 97,519 Equity shares of Face Value Re arising as a result of exercise of 10/- will arise upon exercise of options option; after vesting. 10 Options lapsed; Not Applicable 11 Variation of terms of options; Not Applicable 12 Brief details of significant terms; Vesting Period: Vesting of options shall be as per the terms of ESOP Plan 2018 which is as under: On 1st anniversary 10% of ESOPs from the date of granted grant On 2nd anniversary 20% of ESOPs from the date of granted grant On 3rd anniversary 30% of ESOPs from the date of granted grant On 4th anniversary 40% of ESOPs from the date of granted granted 13. Subsequent changes or Not Applicable cancellation or exercise of such options; 14. Diluted earnings per share Not Applicable pursuant to issue of equity shares on exercise of options For Stove Kraft Limited Shrinivas P Harapanahalli Company Secretary & Compliance Officer