📢 ESOP Update:

AVALON

Boosts Equity Base

has announced that on October 18, 2025, its Nomination & Remuneration Committee approved the allotment of 20,088 equity shares to employees under the “AVALON - Employee Stock Option Plan 2022”, via circular resolution. ✅ Exercise Prices: ₹20 & ₹500 per share ✅ Face Value: ₹2 per share 📈 Following this allotment: Paid-up capital increased from ₹13,34,27,882 to ₹13,34,68,058 Total equity shares rose from 6,67,13,941 to 6,67,34,029 💼 A positive move reflecting employee participation in company growth.