Godrej Agrovet Notes Lapse of 10,958 Stock Options

Godrej Agrovet Limited's Nomination and Remuneration Committee has noted the lapse of 10,958 stock options previously granted under the Employees Stock Grant Scheme 2018 (ESGS 2018). These options lapsed due to the cessation of employment of the eligible employees. The committee also approved the grant of 3,347 new stock options under the same scheme to other eligible employees at an exercise price of Rs. 10 per option. These new options will vest over three years.