GHCL Limited has allotted 1,96,500 (One Lakh Ninety Six Thousand and Five Hundred) equity shares of Rs. 10/- each to 10 allottees, including two Key Managerial Personnel, against the exercise of Employee Stock Options under GHCL ESOS 2015. The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors at a meeting held on May 5, 2026, which commenced at 11.00 a.m. and concluded at 11.25 a.m. This intimation has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with other applicable provisions.

Impact on Paid-Up Capital

The allotment of 1,96,500 equity shares has resulted in an increase in the company's Issued and Paid-up Capital. The following table summarises the change in capital structure consequent to this allotment:

Allotment Details

Key details of the allotment are as follows:

• Shares Allotted: 1,96,500 (One Lakh Ninety Six Thousand and Five Hundred) equity shares of Rs. 10/- each
• Number of Allottees: 10, including two Key Managerial Personnel
• Scheme: GHCL ESOS 2015
• Approval Date: May 5, 2026
• Approving Authority: Nomination and Remuneration Committee of the Board of Directors

Ranking and Listing Formalities

GHCL Limited has confirmed that the newly allotted shares rank pari passu with the existing equity shares of the company in all respects. The company has also stated that it is in the process of completing the requisite formalities for the listing of these shares on the stock exchanges. The intimation is available on the websites of BSE Limited, National Stock Exchange of India Limited, and the company's own website.

GHCL Limited has announced that its Employee Stock Option Trust (ESOS Trust) has successfully executed a settlement deed with a broker to resolve all pending litigations before various judicial forums. The company informed stock exchanges about this development on April 14, 2026, following intimation received from the ESOS Trust trustee.

Settlement Details and Share Recovery

The settlement agreement brings closure to all litigation matters involving the ESOS Trust and the concerned broker. Under the terms of the settlement, the trust stands to recover a significant number of equity shares from two entities.

Financial Impact and Accounting Treatment

Following the receipt of these shares, the ESOS Trust will dispose of them in the market. The proceeds from the share disposal, net of applicable taxes, will be remitted to GHCL Limited. The company has indicated that both GHCL Limited and the ESOS Trust will account for this settlement appropriately according to applicable accounting norms.

The settlement represents a positive resolution for the company, as it brings an end to ongoing legal proceedings while potentially providing financial benefits through the recovery of equity shares. The disposal of these shares will generate proceeds that will ultimately benefit the company's financial position.

Regulatory Compliance and Disclosure

The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated January 30, 2026. The company has fulfilled its disclosure obligations by informing both the National Stock Exchange and BSE Limited about this material development.

GHCL Limited has also made this information available on its corporate website at www.ghcl.co.in , ensuring transparency and accessibility for all stakeholders. The settlement marks the conclusion of litigation proceedings that had been pending before various judicial forums, providing clarity and closure to this matter.