PDS expands employee ownership with new stock option grants

PDS Limited, in an announcement dated December 9, 2025, reported the allotment of 13,750 equity shares, each with a face value of ₹2, under the PDS Limited – Employee Stock Option Plan 2021 – Plan A. This allotment followed the exercise of vested stock options by employees of PDS and its subsidiaries. Consequently, the company's issued, subscribed, and paid-up capital increased from ₹28,27,29,266 to ₹28,27,56,766, corresponding to an increase in equity shares from 14,13,64,633 to 14,13,78,383. These shares, with ISIN INE111Q01021, were issued at an exercise price of ₹219 per share, including a premium of ₹217.

Concurrently, on December 9, 2025, PDS also announced the grant of 710,000 stock options. This grant comprises 532,665 stock options under the PDS Limited – Phantom Stock Units Plan 2021 and 177,335 stock options under the PDS Limited – Employee Stock Option Plan 2021 – Plan B. These options cover 710,000 equity shares, each with a face value of ₹2, and have an exercise price of ₹243 per stock option. The vesting period for these new grants is within one year from the grant date.