Grasim Industries Limited has announced the grant of 28,001 Stock Options/Units in aggregate to eligible employees under its Employee Stock Option and Performance Stock Unit Scheme 2022. The Nomination and Remuneration Committee of the Board of Directors approved the grant through a circular resolution passed on May 4, 2026. The scheme is implemented through the Grasim Employees' Welfare Trust and is in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations.

Grant Details

The total grant comprises two components — Stock Options and Performance Stock Units (PSUs) — awarded to eligible employees of the company. The following table summarises the number of options and units granted:

Vesting and Exercise Terms

The vesting and exercise conditions differ for Stock Options and PSUs, as detailed below:

Scheme Compliance

The grant has been made in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The exercise price for Stock Options has been determined based on the Market Price on April 30, 2026, as prescribed under the applicable SEBI regulations. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to BSE Limited and the National Stock Exchange of India Limited. The intimation was signed by Neelabja Chakrabarty, Company Secretary and Compliance Officer (ACS 16075), on May 5, 2026.

Grasim Industries Limited has issued newspaper advertisements to inform shareholders about the Securities and Exchange Board of India's (SEBI) special window for re-lodgement of physical share transfer requests. The advertisements were published in Business Standard (All India editions) in English and Nai Dunia (Indore Edition) in Hindi on 22nd April 2026, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30th January, 2026.

Special Window Details

SEBI had previously discontinued the transfer of physical shares from 1st April 2019. However, to facilitate investors, SEBI has opened another special window for one year from 5th February 2026 to 4th February 2027. This window allows for re-lodgement of physical share transfer requests that were originally submitted before 1st April 2019 but were returned due to deficiencies in documentation.

Eligibility Criteria

The eligibility for lodging requests under the current window depends on specific conditions related to the execution date of transfer deeds and availability of original security certificates.

Exclusions and Important Notes

Certain cases will not be considered under this special window:

• Cases involving disputes between transferor and transferee
• Securities that have been transferred to Investor Education and Protection Fund (IEPF)

All shares re-lodged during this period will be processed through the transfer-cum-demat route, meaning they will only be issued in dematerialised form after transfer. These shares will be subject to a lock-in period of one year.

Contact Information for Shareholders

Shareholders who missed the earlier deadline for re-lodgement of transfer deeds can contact the company or its Registrar and Share Transfer Agent for assistance.

KYC Update and Dematerialization

The company strongly encourages shareholders holding shares in physical form to update their KYC details and convert their physical shares into dematerialised (electronic) form. Holding shares in dematerialised form offers multiple benefits and eliminates the risks associated with physical share certificates. The advertisement was signed by Neelabja Chakrabarty, Company Secretary and Compliance Officer (ACS-16075), and copies were sent to Luxembourg Stock Exchange and Citibank N.A. for their depositary and custodial services.