Ind-Swift Laboratories Limited — Important, 02-04-2025: Updates

The Compensation Committee has granted 2,50,000 stock options to eligible employees under the Employee Incentive Scheme, 2014 (ESOP 2014) with an exercise price of ₹10 each. Each option is convertible into one fully paid-up equity share with a face value of ₹10. Currently, no options have vested or been exercised, and there are no lapses or variations in terms reported. Shares arising from the exercise of these options are set to rank equally with existing equity shares. This initiative may bolster employee motivation and retention, presenting a potential positive outlook for the company's operational effectiveness moving forward.