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Sundrop Brands Limited has announced a board meeting on the financial results for the quarter and half-year. The Nomination and Remuneration Committee approved the grant of 1,96,253 employee stock options under the 2024 ESOP Scheme and canceled 97,346 previously granted options, making them available for re-grant. The options include two exercise prices: INR 809 for 30% (time-based) and INR 515 for 70% (performance-based), with a five-year exercise period post-vesting. Shares from exercised options will carry equal rights with existing equity shares, with no lock-in period.