Tata Elxsi Limited — Important, 17-04-2025: Updates

The Board of Directors has granted 48,970 Performance Stock Options (PSOs) to eligible employees under the Tata Elxsi Limited - Performance Stock Option Plan 2023. This grant is aimed at incentivizing employees, aligning their interests with the company's growth, and enhancing overall performance. The options will have a vesting schedule based on both time and performance criteria, and the exercise price is set at the equity shares' face value of Rs. 10 each. Employees can exercise their options within twelve months from the vesting date. This initiative is expected to foster engagement and retention among key talent, contributing positively to the company’s operational goals and outlook.