Lloyds Metals: Employees get stock options after Congo deal.

Lloyds Metals and Energy Limited announced on December 10, 2025, the grant of 29,092 employee stock options under its "Lloyds Metals and Energy Employee Stock Option Scheme 2024" (LLOYDS ESOP-2024 / Plan). These options were approved by the company's board of directors during a meeting on the same day.

Each option is exercisable into one fully paid-up equity share with a face value of Re. 1/-. The exercise price has been determined at Re. 4/- per option. These options are subject to a minimum vesting period of one year from the grant date, with all options to vest according to the schedule specified in the Grant Letter.

All vested options must be exercised within a maximum period of 12 months from their respective vesting dates. This initiative aligns with the Securities and Exchange Board of India (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.