One 97 Communications Limited — Board Meeting, 17-01-2025: Outcome of Board Meeting

The Nomination and Remuneration Committee of One 97 Communications Limited has approved the grant of 2,03,137 stock options under the Employees Stock Option Scheme 2019 (ESOP 2019). Additionally, 17,68,469 stock options were noted as cancelled or lapsed. Each stock option corresponds to one fully paid equity share with an exercise price of ₹9. This decision reflects the company's commitment to incentivize eligible employees through equity participation.