Monika Alcobev Ltd — Important, 12-02-2026: Company Update

Monika Alcobev's board has approved an Employee Stock Option Scheme (ESOS-2026), following inputs from its Nomination & Remuneration Committee. This scheme allows for the grant of up to 1 Cr employee stock options to eligible employees and directors, convertible into 1 Cr equity shares, subject to shareholder approval. The board also approved a postal ballot to seek shareholder consent for this ESOS and for regularizing Independent Directors Mr. Samir Kumar Das and Mr. Ghanshyam Vijaykumar Vyas. Further, M/s. Agrawal Mundra & Associates were appointed as the Secretarial Auditor.