Embassy Developments Ltd

🏢 Embassy Developments Grants Stock Options & Performance Units to Employees

• Granted 263,863 Stock Options (SOs) and 160,373 Performance Stock Units (PSUs) to eligible employees on April 24, 2026

• Each Stock Option convertible into one equity share priced at INR 111.51 per SO

• Performance Stock Units convertible into equity shares based on achievement of performance parameters

• Stock Options vest uniformly over 4 years (25% each year)

• PSUs vest based on performance milestones between years 3 and 4

• Vested SOs and PSUs can be exercised within 5 years from vesting or 7 years from grant date

• Scheme has received in-principle approvals from both NSE and BSE