Jain Irrigation Systems Limited — Important, 24-02-2025: General Updates

Employee associates at Jain Irrigation Systems Ltd. have begun exercising their rights to 2,94,000 equity shares granted under the Employee Stock Option Scheme (ESOP) 2011/2018. These shares, with an exercise price of ₹35 each, are being transferred on an off-market basis from the JISL Employees ESOP Trust to eligible employees. The shares were acquired by the Trust from the open market and will be transferred in several tranches, with completion expected before March 30, 2025. This initiative reflects the company's efforts to engage employees and align their interests with those of shareholders, potentially fostering a more committed workforce.