Physicswallah Limited has granted 7,40,984 stock options to eligible employees under its Physicswallah Limited Employees' Stock Option Plan 2025. The options were approved by the company's Nomination and Remuneration Committee on Thursday, July 02, 2026, and are effective from July 01, 2026. This move aims to incentivize employees by offering them an opportunity to participate in the company's growth.

The scheme is compliant with the Securities and Exchange Board of India (SBEB) Regulations, 2021. Each stock option granted is convertible into one fully paid-up equity share with a face value of INR 1. The exercise price for these options has been set at INR 1 per share. The total number of equity shares covered by these options stands at 7,40,984.

Key Details of the Grant

The vesting schedule for the options will be determined by the Nomination and Remuneration Committee and will follow the terms specified in the grant letter and the ESOP Plan 2025. Options can be exercised from the respective vesting dates, provided the employee remains in continuous service with the company, unless specific events outlined in the plan occur.

Significant Terms and Conditions

The ESOP Plan 2025 outlines provisions for handling options in cases of death, permanent incapacity, resignation, termination, retirement, or abandonment. In the event of corporate actions such as rights issues, bonus issues, stock splits, consolidations, mergers, or reorganizations, adjustments to the number of options will be made fairly and reasonably in accordance with the plan.

Equity shares allotted upon the exercise of these stock options will not be subject to any lock-in period. Furthermore, shares arising from the conversion of options will rank pari passu with existing equity shares from the date of allotment. The company has disclosed that no options have been exercised, lapsed, or varied as of this grant date.

Physicswallah Ltd has scheduled a series of analyst and investor meetings in Mumbai and Singapore for June 2026. The company will engage with stakeholders through one-on-one and group meetings to discuss its general business outlook. No unpublished price sensitive information will be disclosed during these sessions, as discussions will rely solely on information already in the public domain.

The meetings are part of the company's ongoing investor relations efforts and are subject to change due to exigencies. Representatives from Physicswallah Ltd will attend the sessions in person. The disclosure regarding this schedule was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The schedule for the meetings is as follows:

Ajinkya Jain, Group General Counsel, Company Secretary & Compliance Officer, signed the intimation on June 12, 2026. The information will also be available on the company's investor relations website.