Swelect Energy Systems Limited announced today, December 24, 2025, that its Compensation Committee has approved the grant of 2,84,700 employee stock options (ESOPs) under the SWELECT Employees Stock Option Scheme, 2025. These options are for eligible employees of the company and its subsidiaries. The grant is in compliance with SEBI (Share Based Employee Benefits) Regulations, 2021. Each ESOP, when exercised, will be converted into one equity share of the Company with a face value of ₹10. A total of 2,84,700 equity shares are covered by these ESOPs. The exercise price for each option is set at ₹600. The vesting schedule is as follows: 20% at the end of the first year, and 20% at the end of each subsequent year for the next four years, totaling 100% vesting over five years from the grant date. Options, once vested, may be exercised within a period of three years from the vesting date, subject to the terms of the scheme. The company will intimate the stock exchanges upon exercise of options, realization of money, shares arising from exercise, or any lapsed options.