Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 kindly note that Nomination & Remuneration Committee of the Board at its meeting held today have considered and approved the following:
1. Grant of 114 750 Restricted Stock Units (RSUs) to employees under the Employee Stock Option Plan 2015. Each such RSU confers a right to receive equal no. of equity shares of the Company. The RSUs granted would vest as per the terms of the scheme based on performance parameters as decided by the Committee. Vested RSUs need to be exercised within the exercise period as per the terms of the scheme
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