Indobell Insulations Ltd — Important, 22-05-2026: Company Update

Indobell Insulations' Nomination and Remuneration Committee has approved the grant of 1,85,000 stock options to identified employees under its Employee Stock Option Plan 2025. Each option has an exercise price of ₹ 20. This move aims to align employee interests with shareholder value, serving as a key component of retention and motivation. The options will vest over 1 to 3 years and can be exercised within one year from vesting. Should all options be exercised, the company could realize ₹ 0.37 Cr.