Physicswallah Limited (PWL) — Announcement | 22 May 2026

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Physicswallah Limited announced on May 22, 2026, that its Nomination and Remuneration Committee approved the grant of 2,614,819 stock options to eligible employees under the newly introduced Employees' Stock Option Plan 2025, effective May 21, 2026. Each option carries a nominal exercise price of INR 1 and converts into one fully paid-up equity share of face value INR 1, with no lock-in period on allotted shares. The disclosure, filed under SEBI Listing Regulation 30, will be posted on the company's investor relations webpage and includes details on vesting schedules, exercise periods, and procedural adjustments for corporate actions.

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About Physicswallah Limited (PWL)

Consumer Services · Other Consumer Services · Listed on NSE

Market Cap: ₹32,557.6 Cr

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