Vishal Mega Mart Limited has announced the grant of 5,00,000 stock options to an eligible employee under its Employee Stock Options Plan 2019. The Nomination and Remuneration Committee of the Board of Directors approved this grant on March 02, 2026 through circulation.

Stock Option Grant Details

The company disclosed comprehensive details of the stock option grant in compliance with SEBI regulations:

Regulatory Compliance

The grant was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Each stock option is convertible into one fully paid-up equity share having a face value of Rs. 10 each. The exercise period allows the employee to exercise the vested options within 10 years from the date of grant, unless the Board or Committee decides otherwise.

Plan Framework

The stock options were granted under the Vishal Mega Mart Employees Stock Options Plan 2019, which governs the significant terms and conditions of the grant. The current disclosure relates specifically to the grant of stock options, with vesting and exercise details to be determined based on the plan's provisions.

The company has made this information available on its website at aboutvishal.com and informed both NSE and BSE about the grant as per regulatory requirements.

Avadh Sugar & Energy Limited has issued a clarification to BSE Limited regarding significant increase in trading volume of its equity shares. The company responded to a surveillance query dated March 02, 2026, addressing concerns about unusual market activity in its securities.

Company's Response to BSE Surveillance

The sugar and energy company clarified that it remains in compliance with all applicable disclosure requirements under SEBI regulations. The company emphasized that all material information and events requiring disclosure have been duly intimated to stock exchanges within prescribed timelines.

Regulatory Compliance Confirmation

Avadh Sugar & Energy confirmed its compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that as on date, no event has occurred which requires disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Market-Driven Volume Movement

The company attributed the increase in trading volume of its equity shares as purely market driven. This clarification suggests that the volume surge was not related to any undisclosed corporate developments or price sensitive information.

Future Disclosure Commitments

The company assured that in case of any event requiring disclosure, it will intimate the same to stock exchanges in accordance with applicable regulatory requirements. The response was signed by Prashant Kapoor, Company Secretary with ACS membership number 15576, and was digitally signed on March 02, 2026.