ESOP/ESOS/ESPS

Lloyds Metals And Energy Limited's Nomination and Remuneration Committee has approved the grant of 17,049 Employee Stock Options under its 2024 ESOP Scheme. These options, with an exercise price of Rs. 4 per share, are designed to incentivize employees and align their interests with shareholders. The options will vest over a minimum period of one year and can be exercised within 12 months post-vesting, in compliance with SEBI regulations. Given the relatively small number of options, this grant is expected to have a negligible impact on the company's financials or market dynamics.