The Hi-Tech Gears Limited — Others, 12-02-2025: Options to purchase securities

The Nomination and Remuneration Committee of Hi-Tech Gears has approved the grant of 9,224 stock options to eligible employees under the company’s Stock Incentive Plan, 2021. Each stock option allows the holder to apply for one equity share at an exercise price of Rs. 10. The options are set to vest over four years, with specific ratios in each year. This initiative may enhance employee motivation and retention, positively impacting the company's success. Investors might view this as a signal of management’s commitment to incentivizing performance, contributing to a favorable outlook for employee engagement and overall company growth.