V-Guard Industries Ltd. — Share Issue/Capital Change 2026

May 11, 2026

V-GUARD

May 11, 2026

| The Manager,
Listing Department,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400 001 | The Manager,
Listing Department,
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot No. C/1,
G Block, Bandra-Kurla Complex,
Bandra-East,
Mumbai- 400 051 |
| --- | --- |
| Scrip Code: 532953 | Symbol: VGUARD |

Dear Sir/Madam,

Sub: Grant of options under Employee Stock Option Scheme of the Company ‘ESOS 2013’

This is to inform you that the Nomination and Remuneration Committee in its meeting held today, i.e., May 11, 2026 approved grant of options to eligible employees under ESOS 2013. Details of grant approved are as under:

Particulars	Details
Brief details of options granted	72,655 no. of options granted to eligible employee(s) under Employee Stock Option Scheme (ESOS 2013)
Whether the scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021	The scheme is in due compliance with the terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Total number of shares covered by these options	Options carry the right to apply for equivalent number of equity shares of the Company at face value of ₹ 1/- each.
Vesting period	Options granted will be vested over a period not more than four years, basis time and performance criteria. Time based options will vest equally over a period not more than four years and performance options will be vested in last year, subject to achievement of performance criteria.
Time within which may be exercised	6 years from the date of vesting.
Exercise Price	₹ 1/- per option
Options lapsed or cancelled	If the stock options get lapsed / cancelled or becomes un-exercisable due to any reason, the Nomination and Remuneration Committee will in accordance with the scheme and applicable laws, in its absolute discretion decide the re-issue of lapsed/cancelled options.
Brief details of significant terms of ESOS 2013	The ESOS 2013 is administered by the Nomination and Remuneration Committee. Options granted under ESOS 2013 will vest in not less than one year

V-GUARD INDUSTRIES LTD.

Regd. Office: 42/962,

Vennala High School Road,

Vennala, Kochi - 682 028.

CIN: L31200KL1996PLC010010

P +91 484 300 5000, 200 5000

E mail@vguard.in

W www.vguard.in

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V-GUARD

and not more than four years from the date of grant of such options. Vesting of options is subject to continued employment with the Company and fulfilment of performance criteria, if any. The Exercise Price shall be determined by the Nomination and Remuneration Committee, from time to time, but shall not be less than face value of the shares and not more than the prevailing market value of the shares as on the date of Grant. The Employee Stock Options granted shall be eligible for exercise within a period of six years from the date of vesting of Options.

We request you to kindly take the above information on record.

Thanking You,

Yours Sincerely,

For V-Guard Industries Limited

Vikas Kumar
Tak

Vikas Kumar Tak
Company Secretary & Compliance Officer
Membership No. FCS 6618

Digitally signed by Vikas Kumar Tak
Date: 2026.05.11 19:33:31 +05'30'

V-GUARD INDUSTRIES LTD.

Regd. Office: 42/962,

Vennala High School Road,

Vennala, Kochi - 682 028.

CIN: L31200KL1996PLC010010

P +91 484 300 5000, 200 5000

E mail@vguard.in

W www.vguard.in