Crizac Limited has announced a postal ballot notice for seeking shareholder approval of its amended Employee Stock Option Plan 2026 (ESOP 2026) through remote e-voting. The company aims to expand its employee incentive program by significantly increasing the option pool size and extending benefits to a broader employee base.

Key Resolutions for Approval

The postal ballot seeks approval for two special resolutions that will reshape the company's employee stock option framework:

ESOP Pool Expansion Details

The most significant change proposed is the substantial increase in the ESOP pool size to accommodate the company's growth and talent retention strategy:

E-Voting Schedule and Process

The company has established a comprehensive timeline for the postal ballot process, ensuring adequate time for shareholder participation:

The postal ballot notice will be sent electronically to shareholders whose email addresses are registered with the company or depositories. Physical copies will not be distributed, in compliance with Ministry of Corporate Affairs circulars.

Expanded Employee Coverage

The amended ESOP 2026 plan extends benefits beyond the company's direct employees to include a wider range of eligible participants. The plan covers employees of subsidiary companies and associate companies, both present and future, incorporated in India or outside India, subject to the maximum permissible limit under the Companies Act 2013.

Eligible employees include designated company employees working in or outside India, directors (excluding independent directors), and employees of group companies. However, the plan excludes promoters, promoter group members, and directors holding more than 10.00% of the company's equity shares.

Vesting and Exercise Framework

The ESOP 2026 maintains a structured approach to option vesting and exercise:

• Vesting Period: Options vest after 3 years from the date of grant, or as determined by the Board
• Exercise Period: Maximum 60 days from the date of vesting for employed individuals
• Exercise Price: To be determined by the committee in accordance with SEBI regulations
• Implementation: Direct implementation by the company without trust involvement

Regulatory Compliance and Governance

Ms. Shalini Jain (Membership No. 50348, CP No. 19190), proprietor of M/s. Shalini Jain & Associates, Kolkata, has been appointed as the scrutinizer for conducting the postal ballot process. The appointment was made through a Board resolution dated January 28, 2026.

The company will follow fair value method for option valuation as prescribed under IND AS 102 on Share-based payments. The plan aligns with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, following the company's listing on BSE Limited and National Stock Exchange of India Limited on July 9, 2025.

Shareholders can access the complete postal ballot notice on the company's website at www.crizac.com and on the websites of stock exchanges where the company's shares are listed. The initiative reflects Crizac Limited's commitment to employee ownership culture and talent retention in its growth phase.

Source:

Crizac Limited has made available the audio recording of its earnings conference call for the third quarter and nine months ended December 31, 2025. The company announced this development through a regulatory filing dated January 28, 2026, ensuring transparency and accessibility for investors and stakeholders.

Conference Call Details

The earnings conference call was conducted on Wednesday, January 28, 2026, where company management discussed the unaudited financial results for Q3FY26 with analysts and investors. The call focused on the company's performance during the third quarter and nine months ended December 31, 2025.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to disclose material information that could impact investor decisions in a timely and transparent manner.

Access Information

Investors and stakeholders can access the conference call recording through the company's official website. The recording has been made available in the investor relations section, specifically under the analyst meets category. This initiative demonstrates Crizac Limited's commitment to maintaining transparency and providing easy access to financial information for all stakeholders.

The filing was signed by Kashish Arora, Company Secretary and Compliance Officer (Membership no: A38644), ensuring proper authorization and compliance with regulatory requirements.