Standard Engineering Tech Grants 6 Lakh ESOPs

Standard Engineering Technology Ltd has granted 6,00,000 Employee Stock Options (ESOPs) under the Employee Stock Option Scheme 2024 to eligible employees of the Company and its Subsidiaries. The grant, named "ESOP Grant I", falls within the shareholders approved limit of 18,16,345 options. The effective date of the grant is May 14, 2026. The options were granted at an exercise price determined at a discount of not more than 25% on the latest available closing price on NSE as of May 13, 2026.