ETERNAL LIMITED — Others, 01-04-2025: ESOP/ESOS/ESPS

Eternal Limited's Nomination and Remuneration Committee has approved the grant of 2,17,960 stock options under its ESOP 2014 and ESOP 2021 plans for eligible employees. This grant covers a total of 12,76,402 equity shares, each convertible into one fully paid-up share at an exercise price of ₹1. The options can be exercised within a timeframe of 10 to 12 years, depending on vesting conditions.

This update is likely to enhance employee motivation and retention, promoting alignment with shareholder interests. Investors may view this as a positive outlook, reflecting a commitment to talent development and a potentially stronger organizational performance.