Shoppers Stop Limited — Others, 29-04-2025: ESOP/ESOS/ESPS

Shoppers Stop Limited has announced a board meeting regarding the vesting of 52,545 Restricted Stock Units (RSUs) under the Employee Stock Option Plan 2022 for the financial year 2024-25. These RSUs will convert into an equal number of equity shares with a face value of ₹5 each upon exercise. The vesting includes 5,224 RSUs with a vesting date of April 26, 2025, and 47,321 RSUs vested on June 28, 2025. This initiative aims to enhance employee retention and align their interests with those of shareholders, positively impacting the company’s long-term performance.