Sterlite Technologies Limited — Others, 25-07-2025: ESOP/ESOS/ESPS

Sterlite Technologies has granted 5,41,603 stock options to eligible employees under its ESOP 2016 scheme. Each option has an exercise price of Rs. 2 and is convertible into an equal number of fully paid-up equity shares. These options will vest over four years, with a five-year exercise window post-vesting. This initiative aims to align employee interests with company performance and retain key talent, potentially impacting future equity structure through dilution.