Enviro Infra Engineers Limited has successfully obtained shareholder approval for its Employee Stock Option Plan 2025 through remote e-voting via postal ballot. The approval was secured on January 1, 2026, marking a significant milestone in the company's employee incentive framework.

Plan Approval and Regulatory Framework

The EIEL Employees Stock Option Plan 2025 received requisite majority approval from shareholders through the remote e-voting process. The Board of Directors had initially approved the plan on November 25, 2025, following recommendations from the Nomination and Remuneration Committee. The plan complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Stock Option Coverage and Structure

The plan encompasses a substantial number of stock options designed to incentivize employee performance. Each option, when exercised, converts into one fully paid-up equity share of the company.

The plan includes provisions for fair and reasonable adjustments in case of corporate actions such as rights issues, bonus issues, mergers, or sale of divisions. Any additional options issued for such adjustments would increase the ceiling of 17,73,031 stock options accordingly.

Vesting and Exercise Framework

The plan incorporates a structured approach to option vesting and exercise, designed to align employee interests with company performance over time.

Key Features:

• Vesting Period: Minimum one year, subject to service or performance milestones
• Exercise Window: Three years from vesting date for in-service employees
• Exercise Flexibility: Options may be exercised at one time or various points during the exercise period
• Pricing: Exercise price determined by Compensation Committee and communicated via grant letter

Plan Objectives and Implementation

The Employee Stock Option Plan 2025 serves dual purposes in the company's human resource strategy. The plan aims to reward employees for past performance while motivating continued excellence in future endeavors. Additionally, the company intends to attract and retain talented personnel through this incentive mechanism.

The plan awaits in-principle approval from recognized stock exchanges, including the National Stock Exchange of India Limited and BSE Limited, before any grants can be made under the scheme. The Compensation Committee will oversee the implementation and administration of the plan, including determination of exercise prices and opening of exercise windows.

Regulatory Compliance and Next Steps

Enviro Infra Engineers Limited has fulfilled the disclosure requirements under Regulation 30 of SEBI Listing Regulations. The company has provided comprehensive details as mandated by SEBI Master Circular dated November 11, 2024. With shareholder approval secured, the company now awaits final regulatory clearances to commence implementation of the Employee Stock Option Plan 2025.

Enviro Infra Engineers Limited has successfully resolved GST proceedings initiated against the company, with the Punjab State Tax Department dropping all charges and demands. The company informed stock exchanges on 26.12.2025 about the favorable resolution of the matter.

GST Proceedings Details

The proceedings originated from a Show Cause Notice issued by the State Tax Officer, Taxation Commissionerate, Government of Punjab, with reference number ZD030725009741M. The notice alleged GST discrepancies for the financial year 2021-22 and included substantial financial demands against the company.

Company's Response and Resolution

Enviro Infra Engineers had previously intimated the exchanges about the GST notice on 11.07.2025. Following receipt of the notice, the company submitted a comprehensive response within the prescribed timeline, including detailed clarifications and supporting documents to address the allegations.

The GST Department examined the company's submissions and found them satisfactory. On 02.12.2025, the department issued Order Reference Number ZD0312250025242, formally dropping all proceedings initiated against the company.

Final Outcome

The resolution brings complete closure to the GST matter, with no financial liability for the company. The order confirms that no demand, penalty, or interest is payable by Enviro Infra Engineers Limited in relation to these proceedings.

The company noted that while the order was received on 02.12.2025, it was updated on the GST portal only on 26.12.2025, prompting the delayed intimation to ensure complete confirmation before informing stakeholders.