Senco Gold Limited — Others, 18-03-2025: ESOP/ESOS/ESPS

Senco Gold Limited's Nomination Remuneration and Compensation Committee has approved the grant of 3,25,000 stock options to eligible employees at an exercise price of Rs. 237.00, as part of the Employee Stock Option Scheme 2018, under Tranche-IV. This move is expected to bolster employee retention and motivation by aligning their interests with the company's growth.

The options can be exercised within five years from the respective vesting dates, creating a potential share dilution risk for existing shareholders if exercised. Overall, this development signals a positive outlook for employee engagement, potentially enhancing operational performance and financial health in the long run.