Grant of Employee Stock Option under Lloyds Metals and Energy Employee Stock Option Scheme 2024

Lloyds Metals and Energy Ltd has approved the grant of 17,049 Employee Stock Options (ESOPs) under its 'Lloyds ESOP-2024' scheme. The Nomination and Remuneration Committee determined an exercise price of Rs. 4 per option. These options will have a minimum vesting period of one year from the grant date and can be exercised within 12 months from vesting. This grant is a routine corporate action aimed at employee incentivization.