Embassy Developments Grants 272,935 SOs & 165,887 PSUs

Embassy Developments Ltd's Nomination and Remuneration Committee approved the grant of 272,935 Stock Options (SOs) and 165,887 Performance Stock Units (PSUs) to eligible employees under the Embassy Developments Limited Employee Stock Option Scheme – 2025. Each SO is convertible into one equity share of face value ₹2. The SOs vest over 4 years, while PSUs vest based on performance. The options can be exercised within 5 years from the vesting date or 7 years from the grant date, whichever is earlier. The pricing is ₹111.51 per SO and ₹2 per PSU.