Titan Company Ltd Modifies Trust Deed of Titan Employee Stock Option Trust

Titan Company Ltd has modified the trust deed of Titan Employee Stock Option Trust due to changes in the composition of the trustees. The trust deed has been varied accordingly, and the amendment has been made under Regulation 3 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The new trustees are Swadesh Behera, Priya Mathilakath, and Sharad Kumar Goyal. The trust was originally established to attract, retain, and motivate talented employees, reward employee performance with ownership, and encourage employees to align individual performance with the company's objectives.