BOROSIL RENEWABLES LIMITED — Others, 21-06-2025: Options to purchase securities

Borosil Renewables has announced a board meeting on the grant of 7,485 employee stock options under its 2017 ESOP scheme. These options are priced at Rs. 481 each, about 10% below the latest market price, with a vesting schedule over three years (33%, 33%, and 34%). Each option gives the right to one equity share of Re. 1. The exercise period of vested options is five years. No options have been exercised or lapsed yet. This move aligns employee incentives with shareholder value and aims to retain key talent.