ESOP/ESOS/ESPS

WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com Ref. No. : WIL: SEC: 2026 Date : July 01, 2026 National Stock Exchange of India Ltd BSE Ltd., Exchange Plaza, 5th floor, Phiroze jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 Fax: 22723121/2039/2037 Scrip Code : WALCHANNAG Scrip Code : 507410 Dear Sirs, Sub: Grant of Employee Stock options under WIL - Employees Stock Option Plan 2020 (ESOP - 2020) Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') Pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR'), we wish to inform you that the Nomination & Remuneration Committee of the Company at its meeting held today i.e. July 01, 2026, has inter-alia considered and approved grant of 20,000 stock options to eligible employee of the Company under WIL - Employees Stock Option Plan 2020 (ESOP - 2020) as under: No. Parameters / Terms Explanation I Brief details of options granted 20,000 options convertible into 20,000 equity shares of face value of Rs. 2/- each. II Whether Scheme is in terms of SEBI Yes. WIL - Employees Stock Option Plan 2020 (Share Based Employee Benefits (ESOP - 2020) is formulated and approved by the and Sweat Equity) Regulations, Shareholders of the Company on 14th August, 2020 2021 (if applicable) pursuant to the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014 which were replaced by SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ('SEBI SBEBSE') III Total number of shares covered by 20,000 equity shares of Rs. 2/- each of the Company. these options Each stock option carries the right to apply for and be allotted 1 (one) equity share of face value of Rs. 2/- each of the Company. IV Pricing formula/Exercise price Exercise price is Rs 2/- per option. V Mode of issue Fresh equity shares will be issued by the Company on exercise of Vested Options. REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621 WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com VI Vesting conditions Based on being in continued employment with the Company and fulfillment of performance parameters. VII Vesting period / Schedule Vesting Schedule for 20,000 Options At the end of 1st year from the grant date: 2,000 At the end of 2nd year from the grant date: 4,000 At the end of 3rd year from the grant date: 4,000 At the end of 4th year from the grant date: 4,000 At the end of 5th year from the grant date: 6,000 VIII Time within which options may be 3 years from the date of respective vesting dates. exercised This is for your information and record. Thanking you. Yours faithfully, For Walchandnagar Industries Ltd. G. S. Agrawal Whole Time Director & Company Secretary (DIN: 00404340) REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621