Paras Defence and Space Technologies Limited — Others, 22-01-2025: Options to purchase securities

Paras Defence and Space Technologies Limited has announced a board meeting to grant stock options under its Employee Stock Option Plan 2024. The Nomination and Remuneration Committee approved the grant of 78,450 stock options out of a total of 7,95,000 shares, with an exercise price set at Rs. 1,000 per share. The options have a minimum vesting period of three years and can be exercised within five years from vesting. This move aims to enhance employee retention and engagement, potentially fostering a more motivated workforce. Investors may view this positively, anticipating strengthened company performance as a result of increased employee alignment.