Lloyds Metals And Energy Limited — Others, 23-10-2024: Options to purchase securities

Lloyds Metals and Energy Limited has approved the grant of 530,250 employee stock options under its Employee Stock Option Plan – 2017. The exercise price is set at Rs. 4 per option, with a vesting schedule over five years. Once vested, employees can exercise the options within three years. This initiative aims to incentivize and retain eligible employees, aligning their interests with the company's growth. Further details are available on the company website.