Indus Towers Limited — Others, 30-07-2025: Options to purchase securities

Indus Towers' HR, Nomination and Remuneration Committee and the Board have approved granting 669,562 performance-based stock options to 121 eligible employees under the Employee Stock Option Scheme 2014. These options, each convertible into one equity share with a face value and exercise price of Rs. 10, aim to align employee interests with company performance. Vesting occurs over three years (30%-30%-40%), with potential to increase up to 120% based on performance. This move incentivizes key talent, contributing to long-term value creation for shareholders, though it may lead to minor equity dilution upon exercise.