Indobell Insulations Grants 1,85,000 Stock Options

Indobell Insulations Ltd. has granted 1,85,000 stock options to identified employees under the 'Indobell Insulations Ltd. Employee Stock Option Plan 2025'. The options were approved by the Nomination and Remuneration Committee at a meeting held on May 22, 2026. Each option has an exercise price of ₹20, and can be exercised within one year from the vesting date. The options will vest between one and three years from the grant date. The face value of each share is ₹10.