The Nomination and Remuneration Committee has approved granting 90,000 employee stock options under the company's ESOP Scheme.

These options, with an exercise price of Rs 10 per option, will vest annually over three years (30%-30%-40%) and be exercisable for three years post-vesting.

Concurrently, 45,000 previously granted options under the same scheme have lapsed.

These lapsed options are now available for re-issue.

This move aims to incentivize eligible employees while managing the existing ESOP pool.