5442562026-09-195442562026-09-19in-capmkt:AtTheTimeOfInstitutingSchemeMemberPNGJLP N GADGIL JEWELLERS LIMITED544256NOTLISTEDINE953R01016Options to purchase securities ESOPS (Sub-para 10-Para B)Newtrue2026-09-1912:35:0014:50:002026-09-19At the time of instituting the schemeThe aggregate number of Stock Options proposed to be granted under the “PNG ESOP 2026” shall not exceed 1,15,000 Equity Shares of face value of INR 10/- each, to eligible Employees of the Company in accordance of the plan.true1,15,000 (One Lakh Fifteen Thousand only) Equity Shares of face value of INR 10/- each, being the maximum aggregate number of Options that may be granted under the PNG ESOP 2026.The Exercise Price for the Options shall not be less than the Face Value of the Equity Shares of the Company and shall not exceed the prevailing Market Price of the shares as on the date immediately preceding the Grant Date, or such other exercise price as may be decided by the Compensation Committee, subject to compliance with the accounting policies laid down under the SEBI (SBEB) Regulations, 2021.The vested Options shall be exercisable on payment of the Exercise Price and applicable taxes, in accordance with the terms and conditions set forth under the PNG ESOP 2026, within a maximum period of 4 (four) years from the date of vesting of such Options.The PNG ESOP 2026 shall be administered by the Nomination and Remuneration Committee, which shall function as the Compensation Committee for the purposes of the Scheme. The PNG ESOP 2026 shall be implemented through the issuance of new Equity Shares by the Company upon exercise of Options. The Equity Shares to be issued upon exercise of the Options granted under the PNG ESOP 2026 shall constitute 0.078% of the total issued share capital of the Company. The grant of Options under the PNG ESOP 2026 shall be made to eligible Employees in accordance with the Eligibility Criteria prescribed under the Scheme. There shall be a minimum period of 1 (one) year between the Grant of Options and vesting of such Options, and Options shall vest no later than 4 (four) years from the Date of Grant. The granted Options, once vested, shall entitle the Option Grantee to acquire an equal number of Equity Shares, upon payment of the Exercise Price and applicable taxes, in accordance with the terms and conditions of the PNG ESOP 2026.Not Applicable