Vedanta Limited — Important, 05-11-2024: Updates

Vedanta Limited's Nomination and Remuneration Committee has approved the vesting of 33,81,377 stock options from the 2021 Employee Stock Option Scheme to eligible employees. Additionally, 1,06,48,659 new stock options have been granted, contingent on performance, with a vesting period of 36 months. Both schemes comply with SEBI regulations, and the exercise price for all options is set at ₹1. Detailed information regarding exercise timelines and outcomes will be provided post-exercise period.