Elgi Equipments Limited — Others, 28-05-2025: Options to purchase securities

ELGi Equipments has announced a grant of 6,09,400 stock options to employees and subsidiaries under its Employee Stock Option Plan, 2019. Each option grants one equity share with an exercise price of Rs. 478.25. The options vest over up to three years and must be exercised within three months of vesting. This initiative is designed to motivate and retain key talent while aligning employee goals with shareholder interests.