As per SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the ESOP Compensation Committee of the Board vide its resolution dated 11 November 2019 approved allotment of shares as per the following details against exercise of the Restricted Stock Units (RSUs) and Employee Stock Options (ESOPs) under Restricted Stock Units Plan 2015 (RSU 2015) and Employee Stock Options Plan 2016 (ESOP 2016) respectively.
Plan RSUs/ESOPs Exercised
RSU 2015 9 150
ESOP 2016 19 080
Totals 28 230
The terms and time period of exercise of the Restricted Stock Units and Employee Stock Options is as per the RSU 2015 and ESOP 2016 Plan document a copy of which had already been submitted with you at the time of obtaining in-principle approval.
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