Shaily Engineering Plastics Limited — Important, 19-05-2026: Disclosure of material issue

**Shaily Engineering Plastics (SHAILY): Employee Stock Options Approved**

**Issue:** Shaily Engineering Plastics' Nomination and Remuneration Committee has approved granting 3,000 stock options to eligible employees under its Shaily ESOP 2019. These options are for 3,000 equity shares (face value Rs. 2/- each), which is part of a larger plan previously adjusted for the company's stock split.

**Possible Impact:** This move is designed to incentivize and retain key talent, aligning employee interests with long-term company growth. Investors should be aware of the potential for minor equity dilution as these options are exercised in the future. The options vest in three equal tranches over three years, priced at 1/3rd of the market price on each vesting date, and can be exercised within four years of vesting.

**Company's Response:** The company is actively utilizing its approved ESOP framework as a strategic tool for talent management, fostering employee commitment and driving performance, which is a standard corporate practice.

#ShailyEngg #ESOP #EmployeeIncentive #CorporateAction