Shalby Limited — Important, 13-08-2025: Updates

Shalby's Nomination and Remuneration Committee has approved the grant of 82,000 Employee Stock Options (ESOPs) to eligible employees. Each option is convertible into one equity share with an exercise price of ₹100. These options will vest after two years and are exercisable within one year of vesting. Notably, the shares will be sourced from the secondary market, ensuring this grant does not increase the company's overall share capital or result in dilution for existing shareholders. This move aims to incentivize employee performance.