Shaily Engineering Plastics Ltd. — Capital/Financing Update 2025

Nov 8, 2025

==> picture [483 x 112] intentionally omitted <==

SEPL/SE/NOV/25-26 November 8, 2025

The General Manager, The Manager, Corporate Services/Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P.J. Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai – 400 001 Bandra – Kurla Complex, Scrip Code: 501423 Bandra (E), Mumbai – 400 051 Scrip Code: SHAILY

Sub: Grant of stock options under Shaily Employee Stock Option Plan 2019 (“ESOP 2019”)

• Ref: Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir/ Madam,

Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, this is to inform that the Nomination and Remuneration Committee (“NRC”) of the Board of Directors of the Company at their meeting held on 8[th] November 2025 has inter alia approved grant 94,500 of Stock Options to the Eligible Employees of the Company under the Shaily Employee Stock Option Plan 2019 (“Shaily ESOP 2019”)

The details of the aforesaid grant are provided in Annexure A.

Kindly take the same on record.

Yours faithfully,

For Shaily Engineering Plastics Limited

Digitally signed by Harish Govind Harish Govind Punwani Punwani Date: 2025.11.08 17:01:43 +05'30' Harish Punwani Company Secretary M. No. A50950

Page 1 of 3

==> picture [483 x 112] intentionally omitted <==

Annexure-A

The details of grant of options are as follows:

Sr. No.	Particulars	Particulars	Details	Details	Details
1	Brief details of options granted		*94,500 (Ninety Four Thousand Five Hundred)Options granted to the eligible employees of theCompany as determined by the Nomination andRemuneration Committee under the Shaily ESOP2019
2	Whether the scheme is in terms ofSEBI (SBEB) Regulations, 2021 (ifapplicable)		Yes, the Shaily ESOP 2019 is in terms of theSEBI (Share Based Employee Benefits andSweat Equity) Regulations, 2021
3	Total number of shares covered bythese options		*94,500 (Ninety Four Thousand Five Hundred)equity shares of face value of Rs. 2/- each fullypaid-up.
4	Pricing Formula		Tranche 1→ 1/3rdvalue of market Price as on
			the date of vesti	ng
			Tranche 2 →1the date of vesti	/3rdvalue of market Price as onng
			Tranche 3→1the date of vesti	/3rdvalue of market Price as onng
5	Optio	ns Vested	Not Applicable
			Vesting of Optio1/3 of the ocompletion ofo1/3 of the ocompletion oftw1/3 of the ocompletion ofth	ns:ptions granted shall vest onneyear from the date of grant.ptions granted shall vest onoyears from the date of grant.ptions granted shall vest onreeyears from the date of grant.
6	Timeexerci	within which option may besed	4 years from the	date of vesting
7	Optio	ns exercised	Not Applicable
8	Moneoption	yrealizedbyexerciseofs;	Not Applicable
9	The to	tal number of shares arising as	Not Applicable
	a resu	lt of exercise of option
10	Optio	ns lapsed	Not Applicable
11	Variation of terms of options		Not Applicable
12	Brief details of significant terms		Significant terms of the present Grant of Optionsinclude PricingFormula,vestingschedule and

Page 2 of 3

==> picture [483 x 112] intentionally omitted <==

		Exercise period which shall be as per details
		mentioned at sr. no. 4,5 & 6 of this table.
13	Subsequent changes or cancellation	Not Applicable
	or exercise of such options
14	Diluted earnings per share pursuant	Options are yet to be exercised
	to issue of the equity shares on
	exercise of options

*** Note:** The members of the Company at their meeting held on 8[th] August 2019 approved “Shaily Employee Stock Option Plan 2019” authorizing the Board of Directors to create, and grant from time to time, in one or more tranches, not exceeding 131,570 (One lac thirty-one thousand five hundred and seventy) employee stock options.

The members at their meeting held on 29[th] September 2023 approved sub-division of existing Equity Shares of the Company from the nominal value of Rs.10/- (Rupees Ten only) to Rs. 2/- (Rupees Two only) per Equity share. Accordingly, 1 equity share of the Company having a face value of Rs. 10/- each (fully paid-up) divided into 5 equity shares of Rs.2/- each (fully paid up) w.e.f. 23[rd] November 2023 (record date).

In view of the above sub-division of the equity shares of the Company and as mention in the ESOP 2019, the total options to be granted under ESOP 2019 and the Options granted by the NRC on 8[th] November 2025, shall be augmented in the same proportion as the face value per equity share shall bear to the revised face value of the equity shares of the Company after such sub-division, without affecting any other rights or obligations of the said grantees.

Page 3 of 3