Niva Bupa Health Insurance Company Limited — Others, 29-05-2025: Options to purchase securities

Niva Bupa Health Insurance has announced a board meeting to approve the grant of 47.33 lakh Employee Stock Options (ESOPs) under its ESOP Scheme 2024 to designated employees and eligible directors, including those in group and associate companies worldwide. The exercise price will be based on the weighted average market price over a month on the stock exchange with the highest trading volume. ESOPs can be exercised within four years of vesting, and shares issued will have no lock-in period, supporting employee retention and aligning interests with shareholders.