VIP Industries: Disclosure Of Events Or Information Under Regulation 30 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015

We wish to inform you that the Nomination and Remuneration Committee of the Company at its meeting held today i.e. March 10 2026 has approved the grant of 1 80 000 Employee Stock Appreciation Rights ("ESARs") to the eligible employees under the VIP Employees Stock Appreciation Rights Plan 2018. The details of the same is herewith.