Alicon Castalloy Grants 1,15,000 ESOPs to CEO

Alicon Castalloy Ltd has announced the grant of 1,15,000 stock options to its Chief Executive Officer (CEO) under the Employee Stock Option Scheme 2026. The grant was approved by the Nomination and Remuneration Committee (NRC) of the Board of Directors during its meeting held on October 24, 2026. These options are in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The options have a minimum vesting period of one year from the grant date, with specific vesting schedules and prices detailed in individual grant letters.