Transformers And Rectifiers (India) Limited — Others, 01-08-2025: Options to purchase securities

Transformers and Rectifiers (India) Ltd (TARIL) has granted 2,632,968 Stock Options to eligible employees under its ESOP 2024. This move aims to incentivize and retain key talent within the company. Each option converts into one equity share. This grant represents the first tranche of the ESOP, which was previously approved by shareholders for a maximum of 4,276,922 options. Options can be exercised within four years of vesting. This initiative aligns employee interests with shareholder value creation, fostering long-term commitment and growth.