Greaves Cotton Limited — Others, 29-04-2025: Options to purchase securities

The Nomination and Remuneration Committee of Greaves Cotton has approved the grant of up to 16.72 lakh stock options under the Greaves Cotton Employee Stock Option Plan 2024 (ESOP 2024). Eligible employees can acquire shares at a face value of Rs. 2 per share, exercisable within eight years from the vesting date, with a minimum vesting period of one year. This initiative is designed to boost employee motivation and align their interests with those of shareholders, promoting long-term growth for the company.