Avalon Technologies Limited — Others, 05-08-2025: Options to purchase securities

Avalon Technologies' Nomination and Remuneration Committee has approved granting 50,000 Employee Stock Options (ESOPs) to eligible employees under its 2022 ESOP Plan. This initiative aims to align individual and company objectives, rewarding contributions and incentivizing continued success. The ESOPs are priced at INR 700 each, representing a 20% discount to the recent NSE closing price. These options will vest over a three-year period, with percentages vesting annually. This grant is well within the shareholder-approved limit of 30 lakh options.