Relaxo Footwears Limited — Others, 30-07-2025: ESOP/ESOS/ESPS

Relaxo Footwears' Nomination and Remuneration Committee has cancelled 4,800 employee stock options. These options, part of the RFL Employee Stock Option Plan 2014, were initially granted to one employee. The cancellation resulted because the options, though vested, were not exercised by the legal heirs of the deceased employee within the 12-month period prescribed by the ESOP plan. This step highlights the company's consistent adherence to its established employee stock option policies and ensures proper administration of its share-based incentive programs for stakeholders.