VST Tillers Tractors has announced the successful allotment of 9,396 equity shares to eligible employees under its Restricted Stock Unit Plan 2024. The allotment was approved by the company's Nomination, Compensation & Remuneration Committee and represents the exercise of vested options by employees under the employee stock option scheme.

Share Allotment Details

The equity shares were allotted on March 29, 2026, with each share carrying a face value of ₹ 10. The exercise price was set at ₹ 10 per share with no premium charged to the employees. The allotted shares will rank pari passu with existing equity shares, ensuring equal rights and privileges for all shareholders.

Impact on Share Capital

Following this allotment, VST Tillers Tractors' issued, subscribed and paid-up share capital has increased significantly. The company's total equity base has expanded to accommodate the new employee shareholding under the RSU plan.

Regulatory Compliance

The allotment was conducted in compliance with SEBI regulations, specifically under the Share Based Employee Benefits and Sweat Equity Regulations, 2021. The company filed the necessary documentation with both BSE and NSE on February 09, 2024, receiving filing numbers NSE: 39974 and BSE: 193227. The newly allotted shares will be listed on both exchanges under the existing ISIN INE764D01017, with no lock-in period applicable to these shares.

Employee Stock Option Scheme

The VST Tillers Tractors Limited - Restricted Stock Unit Plan 2024 represents the company's commitment to employee participation in organizational growth. The scheme allows eligible employees to acquire equity shares at predetermined prices, aligning employee interests with shareholder value creation. The successful execution of this allotment demonstrates the company's adherence to corporate governance standards and regulatory requirements in implementing employee benefit schemes.

VST Tillers Tractors Limited has issued a public notice announcing a special window for the transfer and dematerialization of physical securities. The company published this notice in Business Standard (English) and Sanjevani (Kannada) newspapers as required under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Special Window Details

Pursuant to SEBI Circular No. HO/38/13/11(2)/2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, the company has made available a special window for transfer and demat of physical shares that were sold or purchased prior to April 1, 2019.

Eligible Shareholders

Shareholders who fall under the following categories may utilize this special window:

• Those who purchased shares prior to April 1, 2019 but have not lodged the shares for transfer
• Those who lodged shares for transfer but were rejected, returned, or not attended due to deficiencies in documentation

During this period, securities that are lodged or re-lodged for transfer will be issued only in demat mode. Investors must maintain a demat account and provide a Client Master List not older than 2 months, duly attested by the Depository Participant.

Exclusions from Special Window

Certain cases will not be considered under this special window:

• Cases involving disputes between transferor and transferee, which must be settled through court or NCLT process
• Securities that have been transferred to Investor Education and Protection Fund (IEPF)

Contact Information

Investors wishing to avail of this special window may contact the company's Registrar and Share Transfer Agent:

The notice was signed by Chinmaya Khatua, Company Secretary & Compliance Officer, and dated March 13, 2026. Shareholders are encouraged to take advantage of this opportunity by furnishing the necessary documents to the RTA on or before February 4, 2027.