Piccadily Agro Industries Ltd — Important, 18-11-2025: Company Update

Piccadily Agro Industries has granted 976 employee stock options under its Employee Stock Option Plan 2024. Each option allows employees to acquire one equity share of Rs. 10 face value, exercisable at Rs. 10 per option. These options will vest after at least one year, contingent on service and performance milestones, and can be exercised within three years of vesting. The plan aims to reward past employee performance, motivate future contributions, and help attract and retain key talent, aligning employee incentives with the company's long-term growth.