Aether Industries Limited — Capital/Financing Update 2024

Dec 17, 2024

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December 17, 2024

Ref. No.: AIL/SE/63/2024-25

To,

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001, MH. Scrip Code: 543534

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051, MH.

Symbol: AETHER

Dear Madam / Sir,

Subject: Intimation for Grant of Stock Options under ‘Aether Industries Limited Employee Stock Option Scheme 2021’

In accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration Committee of the Company on December 17, 2024 has approved the grant of 34,866 Stock Options at Rs. 400/each, having Face Value of Rs. 10/- each under ‘Aether Industries Limited Employee Stock Option Scheme 2021’ (herein referred as AIL ESOS 2021) to eligible employees, upon exercise of Options.

Details of the options granted is annexed herewith.

We request you to kindly take the information on your records.

Thank you.

For Aether Industries Limited

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Chitrarth Rajan Parghi Company Secretary & Compliance Officer Mem. No.: F12563

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Encl.: As attached

CHITRARTH RAJAN PARGHI

Digitally signed by CHITRARTH RAJAN PARGHI Date: 2024.12.17 11:59:46 +05'30'

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Aether Industries Limited

Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India.

Annexure

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Details of Stock Options granted under

‘Aether Industries Limited Employee Stock Option Scheme 2021’

1. Brief details of Options granted:

Stock Options granted under Trench-8: 34,866

2. Whether the Scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable):

Yes

3. Pricing Formula / Exercise Price:

Stock Options granted under Trench-8: Rs. 400/-

4. Total Number of Shares covered:

Total 34,866 Stock Options are covered herein.

5. Total Options vested:

Options vested under Trench-8 to 265 Grantees in a single trench of all the Options, as below:

Sl. No.	Date of first vesting and exercise	% of vesting
1.	15.01.2026	100.00% of the options granted

6. Time within which the Option may be exercised:

Within 2 years from first vesting under this Trench.

Employees can exercise the Options granted in two years from the date of vesting.

7. Options exercised / Money realized by exercise of Options / Total Number of Shares

arising as a result of exercise of Options / Options lapsed / Variation in terms of Options:

None, under this Trench.

Aether Industries Limited

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Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India.

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8. Brief details of significant terms:

Terms of the above Grants are finalized by the Nomination & Remuneration Committee in line

with the current Scheme.

9. Subsequent changes / cancellation / exercise of such options:

None.

10. Diluted earning per share pursuant to issue of Equity Shares on exercise of Options:

Above Options are yet to be exercised.

Aether Industries Limited

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Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India.