Swelect Energy Systems Limited — Important, 30-06-2025: Updates

SWELECT Energy Systems has announced a board meeting to approve the SWELECT ESOP Scheme 2025, proposing issuance of 3,03,175 stock options (~2% of paid-up capital) to eligible employees, including subsidiaries and associates, subject to shareholder approval. The scheme involves a new equity share issue, with option exercise price between face value and fair market value at grant date. Options will be exercisable within three years after vesting and administered by the Nomination and Remuneration Committee. This move aligns employee incentives with company performance without immediate financial impact.