Honasa Consumer Limited — Important, 17-01-2025: General Updates

The Nomination and Remuneration Committee of Honasa Consumer Limited has approved the grant of 45,663 stock options under the Employee Stock Options Plan – 2018 to eligible employees. These stock options, convertible into equity shares with a face value of ₹10 each, have an exercise price set at ₹10 per share. The vesting and exercise of these options can occur during the employees’ tenure or within 90 days post their last working day. This initiative aims to enhance employee retention and incentivization, fostering a positive outlook on workforce engagement. Investors should monitor how this strategic move could potentially enhance employee performance and align with the company's long-term growth objectives.