General Updates

Shalby/SE/2026‐27/38 August 12, 2026 The Listing Department Corporate Service Department National Stock Exchange of India Ltd BSE Limited Mumbai 400 051. Mumbai 400 001. Scrip Code : SHALBY Scrip Code: 540797 Through : https://neaps.nseindia.com/NEWLISTINGCORP/ Through : http://listing.bseindia.com Sub: Grant of options under Shalby Limited Employees Stock Options Scheme – 2021 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 (“SEBI (LODR) Regulations”), we hereby inform you that the Nomination and Remuneration Committee of Shalby Limited (the “Company”) at its meeting held today i.e. August 12, 2026, has approved the grant of 15,000 Employee Stock Options (ESOP) convertible into equal number of Equity Shares of the Company of face value of ₹ 10/‐ each, under the Shalby Limited Employees Stock Options Scheme – 2021 (“Scheme”) to eligible employees. The terms of the grant, inter‐alia, are as under: S. No. Particulars Details 1. Brief details of options granted Grant of 15,000 Options (out of the pool of lapsed options) to eligible employee. Effective grant date being August 12, 2026. 2. Whether the Scheme is in terms of SEBI (SBEB Yes & SE) Regulations, 2021 (if applicable) 3. Total number of shares covered by these 15,000 Equity Shares of face value ₹ 10/‐ each options (Each Option is convertible into one Equity Share of the Company). 4. Pricing Formula Under this Scheme, the exercise price of the Shares will be decided by the Committee and will either be: 1. In case the Shares acquired by the Trust is from secondary acquisition then the exercise price will be decided on the basis of the average purchase price of the Shares of the Trust or the market price. 2. In case the Shares acquired by the Trust is from fresh allotment then the exercise price will be based upon market price. The Committee has a power to provide suitable discount or charge premium on such price as arrived above. Accordingly, the exercise price was determined at ₹100 per Option. 5. Options Vested Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 6. Time within which option may be exercised All Options upon vesting shall be exercisable within 1 (One) year from the date of last vesting. 7. Options exercised Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 8. Money realized by exercise of Options Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 9. The total number of Shares arising as a 15,000 Equity Shares of face value ₹10/‐ each result of exercise of Option will arise deeming all granted options are vested and exercised. Note: The Shares Capital of the Company shall not increase as the existing Shares are channelized from the secondary market. 10. Options lapsed Not Applicable, as this outcome is pertaining to grant of Options under the Scheme. 11. Variation in terms of Options Not Applicable 12. Brief details of significant terms The Scheme is administered by the Nomination and Remuneration Committee. The grant of Options is based upon the eligibility criteria as mentioned in the Scheme and subject to modification in options granted and duration of vesting period, as may be decided by NRC committee based on Individual performance, target achieved and functional performance. The granted Options, once vested shall entitle the Option holder to acquire equal number of Equity Shares, upon payment of exercise price and applicable taxes in accordance with terms and conditions of the Scheme and subject to continued employment (not serving notice period at the time of vesting). The granted Options shall vest after completion of 2 (Two) years from the date of grant. All Vested Options shall be respectively exercised wholly and not in part within a period of 1 year from the date of Vesting. Upon exercise, the requisite number of Equity Shares shall be transferred to Employee, who have exercised the options. 13. Subsequent changes or cancellation or Not Applicable, as this outcome is pertaining to exercise of such Options grant of Options under the Scheme. 14. Diluted earnings per share pursuant to the Not Applicable, as this outcome is pertaining to issue of equity shares on exercise of grant of Options under the Scheme. Options. We request to take the same on your records. Thanking you, For Shalby Limited Tushar Shah Vice President & Company Secretary Mem. No. F7216 Encl.: As above