PWL2026-10-01PWL2026-10-01in-capmkt:AtTheTimeOfInstitutingSchemeMemberPWLPhysicswallah Limited544609NOTLISTEDINE0LP301011Options to purchase securities ESOPS (Sub-para 10-Para B)Newfalse2026-10-0118:43:002026-10-01At the time of instituting the scheme2,82,415 stock options granted under ESOP Plan 2025, to the eligible employees with effect from October 01, 2026.trueEach Stock Option is convertible into one fully paid-up equity share having face value of INR 1 each. 2,82,415 equity shares having face value of INR 1 each, are covered by stock options granted.The exercise price shall be INR 1The Stock Options granted shall be exercisable from the respective vesting date during the Option Grantee's continuous employment with the Company, unless otherwise provided under the ESOP Plan 2025, including upon the occurrence of such events or circumstances as may be specified therein.• ESOP Plan 2025 provides for the manner in which options would be dealt with, in case of death, permanent incapacity, resignation, termination, retirement, abandonment etc. • In case of any corporate action(s) such as rights issue, bonus issue, split or consolidation of equity shares, merger/ amalgamation or sale of division/ undertaking or other reorganization etc., requisite adjustments (which may include adjustments to the number of options in ESOP Plan 2025) shall be appropriately made, in a fair and reasonable manner in accordance with ESOP Plan 2025. • The equity shares allotted, pursuant to the exercise of the stock options, would not be subject to lock-in. • Equity Shares arising on the conversion of the Options shall rank pari passu with all the other equity shares of the Company for the time being in issue, from the date of allotment.NOT APPLICABLEAs the "Grant of Stock Options" option is not available in the utility, we have selected "At the time of instituting the scheme" under the Stage of Disclosure tab.