V.S.T Tillers Tractors Limited — Important, 26-02-2025: General Updates

The company has granted 25,560 Restricted Stock Units (RSUs) to eligible employees under the 'VST Tillers Tractors Limited - Restricted Stock Unit Plan 2024.' The vesting schedule allows for 25% of the RSUs to vest annually over four years, starting on February 26, 2026. Each RSU entitles the holder to one equity share at an exercise price of INR 10 per RSU, with an exercise period of three months following each vesting date. This initiative could enhance employee retention and align interests with shareholders as the company continues to grow.