Intimation of Grant of Option under Mega Corporation Limited Employee Stack Option Scheme-2025("Scheme")

Dated: 12th August 2026 BSE Limited Listing Dept./ Dept. of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip code/ ID: 531417 / MEGACOR Subj.: Intimation of Grant of Options under Mega Corporation Limited Employee Stock Option Scheme – 2025 (“Scheme”) Dear Sir/ Madam, In accordance with the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that a meeting of the Nomination and Remuneration Committee of Mega Corporation Limited (“Company”) was held today, i.e., Wednesday, 12th August 2026 and concluded on 12th August 2026 at 02:30 P.M. The Nomination and Remuneration Committee has approved the proposal for grant of 1,00,00,000 Employee Stock Options (“Options”) convertible into equal number of Equity Shares of the Company of face value of Rs. 1/- each, under the Mega Corporation Limited Employee Stock Option Scheme – 2025 (“Scheme”). The requisite details pertaining to the above change, pursuant to Regulation 30 of the SEBI (LODR) Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, are enclosed as Annexure. Submitted for your record. Thanking you, Yours Faithfully, For Mega Corporation Limited, (Kunal Lalani) Director DIN: 00002756 Annexure Sl. Particulars Details 1. Name of the Scheme Mega Corporation Limited Employee Stock Option Scheme – 2025 (“Scheme”) 2. Brief details of options Grant of 1,00,00,000 options to eligible granted employee and person. Effective grant date being 12th August 2026 3. Whether the Scheme is in Yes terms of SEBI (SBEB & SE) Regulations, 2021 (if applicable) 4. Total number of shares 1,00,00,000 (One Crore) Options which shall be covered by these options convertible into equal number of Shares of face value Rs. 1/- each. 5. Pricing Formula Under this Scheme, the Exercise Price will be decided by the Committee at the time of grant and shall be linked with the Market Price as defined in the Scheme. The Committee has granted the Options at the exercise price of Rs. 1/- (Rupees One only) per Option. 6. Options Vested Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 7. Time within which option All Options upon vesting shall be exercisable may be exercised within a maximum of 10 (Ten) years from the date of respective vesting. 8. Options exercised Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 9. Money realized by exercise of Options 10. The total number of Shares 1,00,00,000 (One Crore) Equity Shares of face arising as a result of value Rs. 1/- each will arise deeming all granted exercise of Option options are vested and exercised. 11. Options lapsed Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 12. Variation in terms of Options 13. Brief details of significant The Scheme is administered by the Nomination terms and Remuneration Committee. The Scheme shall be implemented through direct route for extending the benefits to the eligible Employees by the way of fresh allotment from the Company. The grant of Options is based upon the eligibility criteria as mentioned in the Scheme. The Vesting Period shall commence from a period of 1 (One) year from the Grant Date and shall extend upto a maximum period of 4 (Four) years from the Grant Date, at the discretion of and in the manner prescribed by the Nomination and Remuneration Committee and set out in the Grant Letter. The granted Options once vested shall entitle the Option holder to acquire equal number of Equity Shares, upon payment of exercise price, applicable taxes and other charges, if any, in accordance with terms and conditions of the Scheme. All Options upon vesting shall be exercisable within a maximum of 10 (Ten) years from the date of respective vesting. 14. Subsequent changes or Not Applicable, as this outcome is pertaining to cancellation or exercise of grant of Options under the Scheme. such Options 15. Diluted earnings per share pursuant to the issue of equity shares on exercise of Options.