Milkfood Ltd — Updates, 20-06-2025: Company Update

Milkfood Limited has announced a board meeting regarding the re-issuance of 12.18 lakh stock options under its Employee Stock Option Plan 2024. These options, exercisable at Rs 5 each, have a minimum vesting period of one year and a three-year exercise window post-vesting. Eighteen employees are eligible for this grant. There is no lock-in period on shares issued from exercising these options. If any employee leaves, the Nomination and Remuneration Committee may reallocate the surrendered options to other current employees, highlighting the company's commitment to employee retention and motivation.