STL Networks Limited has initiated a Postal Ballot process to amend its Employee Stock Option Scheme (ESOS) 2025, with the voting period set from November 14, 2025, to December 13, 2025. Shareholders will be able to cast their votes through a remote e-voting facility provided by KFin Technologies Limited. The approval process follows the provisions outlined in the Companies Act, 2013, and the Securities and Exchange Board of India (SEBI) regulations. The proposed changes specifically aim to modify the vesting conditions of stock options, enabling a more performance-driven approach.

The resolution presented to shareholders seeks to alter the existing vesting criteria, stipulating that 70% of options will vest based on the employee's continued service, while the remaining 30% will depend on corporate performance metrics. This amendment is applicable to the 1,95,00,000 employee stock options that have not yet been granted. The results from this Postal Ballot will be communicated to the stock exchanges and made available on the company’s website shortly after the voting period concludes.

Eligible shareholders, whose names were listed as of November 7, 2025, will receive the Postal Ballot Notice via email, and they are encouraged to register their email addresses for future communications. The e-voting process aims to streamline participation and ensure compliance with the regulatory requirements. The results of the voting will be formally announced and posted on STL Networks' website, as well as on the websites of BSE and NSE, marking an important step in enhancing shareholder engagement and governance.