In accordance with the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Swiss Military Consumer Goods has informed that the Board of Directors of the Company upon recommendation of Nomination and Remuneration Committee of the Company at their meeting held on May 22, 2024, approved the grant of 6,13,000 Employee Stock Options convertible into equal number of Equity Shares of the Company of face value of Rs 2/- each, under the Swiss Military Consumer Goods Limited Stock Option Scheme 2023 (‘ESOP 2023’ or ‘Scheme’). The terms of the grant, are enclosed.
The above information is a part of company’s filings submitted to BSE.
