Grant of ESOP under GPL Employees Stock Option Scheme-2018

Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : cs@gulshanindia.com Website: www.gulshanindia.com GPL\SEC\35\2026-27 August 06, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Service, Listing Department Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai Bandra (E), Mumbai Maharashtra- 400 001 Maharashtra-400 051 Scrip Code: 532457 Symbol: GULPOLY Subject: Grant of Options under GPL Employees Stock Option Scheme, 20l8 Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the applicable provisions of Companies Act, 2013, and rules made thereunder and in terms of ‘GPL Employees Stock Option Scheme, 2018’, approval of the Nomination, Remuneration and Compensation Committee’s meeting held on August 06, 2026, be and is hereby accorded to grant 59,453 Stock Options, exercisable into equal number of Equity Shares of the Gulshan Polyols Limited (“The Company”) of the face value of Re. 1/- (Rupee One each) fully paid-up during June 01, 2029 to June 30, 2029 on payment of exercise price of ₹223 (Rupees Two Hundred Twenty Three Only), calculated, based on average buying price of shares, on such terms and conditions as prescribed in relevant Grant letter, be issued to employees of the Company. The details as required in terms of Regulation 30 read with Part A of Schedule III of the SEBI LODR and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure A. This is for your information and records. Thanking you, Yours faithfully For Gulshan Polyols Limited Reetika Pant Company Secretary Regd. Off.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378 Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : cs@gulshanindia.com Website: www.gulshanindia.com Annexure “A” S. No. Particulars Details 1. Brief details of stock options Grant of 59,453 stock options approved by granted Nomination, Remuneration and Compensation Committee members in the meeting held on August 06, 2026 under ‘GPL Employees Stock Option Scheme, 2018’. 2. Whether the scheme is in terms of Yes. SEBI (SBEB) Regulations, 2021, as amended 3. Total number of shares covered by 59,453 equity shares (Each stock option is these stock options equal to 1 (one) equity share of Gulshan Polyols Limited having face value of Re. l/- each). 4. Exercise Price/Pricing formula Exercise price of ₹223 (Rupees Two Hundred Twenty Three Only), calculated, based on average buying price of shares. 5. Vesting Schedule/Options vested Subject to fulfilment of all the pre - vesting conditions, stock options shall be vested under the Scheme and the 59,453 stock options can be exercised between June 1, 2029 to June 30, 2029 in full or in tranches. 6. Exercise Period/Time within 30 days from the first date of Vesting which option may be exercised Schedule. 7. Options exercised NA 8. Money realized by exercise of options 9. The total number of shares arising as a result of exercise of option 10. Options lapsed 11. Variation of terms of options 12. Brief details of significant  The 59,453 stock options can be exercised terms between June 1, 2029 to June 30, 2029 in full or in tranches.  The Employee shall not have a right to receive any dividend or to vote or in any manner enjoy the rights and benefits of a shareholder (including rights to receive bonus or rights shares) in respect of Employee Stock Option(s) granted, until Shares underlying such Employee Stock Regd. Off.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378 Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : cs@gulshanindia.com Website: www.gulshanindia.com Options are issued/transferred on Exercise of such Employee Stock Option(s).  Employee Stock Options shall not be transferable to any person except in the event of death of the Option Grantee. 13. Subsequent changes or NA cancellation or exercise of such options 14. Diluted earnings per share pursuant to issue of equity shares on exercise of options Regd. Off.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378