Blue Star Limited — Important, 21-10-2024: Updates

Blue Star Limited's Nomination and Remuneration Committee has approved the grant of 80,660 Stock Options to eligible employees under the ESOP 2024. Each option corresponds to one equity share with an exercise price of Rs 2. The options will vest after 12 months and can be exercised within 7 years from the grant date. This initiative aims to motivate and retain employees by aligning their interests with those of investors.