This is to inform you that the Board of Directors of the Company at its meeting held today, has, inter alia, considered and approved the following which shall be subject to the approval of shareholders of the Company and applicable regulatory authorities as the case may be:\r\na) Upon recommendation and approval of Compensation Committee, the Board have considered and approved 'Milkfood Limited Employee Stock Option Plan 2024' ('Milkfood ESOS 2024'), subject to the approval of the shareholders of the Company as required under Regulation 6 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and Section 62(1)(b) of the Companies Act, 2013. The total number of options to be issued under the said plan is 12,18,000 and the same is convertible in to equivalent number of equity shares of Rs 5/- each subject to terms and conditions as mentioned in the Milkfood ESOS 2024 Plan.