Alicon Castalloy Limited has informed the Exchange regarding Notice of Postal Ballot

Alicon Castalloy Limited has issued a Postal Ballot Notice dated February 19, 2026, seeking shareholder approval for a new Employee Stock Option Scheme called ESOS-2026 through a Special Resolution. The scheme proposes to grant up to 3,00,000 stock options, each convertible into one equity share of Rs. 5 face value, to permanent employees and eligible directors (excluding promoters, promoter group, independent directors, and directors holding more than 10% of shares). Options will vest over a maximum of 4 years from the grant date, must be exercised within 5 years of vesting, and will be priced at up to a 25% discount to the market price on the grant date. The maximum grant per employee is capped at 1,50,000 options, and shares will be issued through a fresh issue. The cut-off date for eligibility is February 20, 2026, with remote e-voting open from February 26 to March 27, 2026, and results to be announced by March 30, 2026.