VR Logo

V-Mart Retail: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

This is to inform that pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulation 2015 and subject to any other SEBI Regulations the Nomination & Remuneration Committee vide its resolutions dated 5th August 2022 has approved: The grant of 20 767 Stock Options to an eligible employee of the Company under the ESOP Scheme 2020. Each Stock Option represents one equity share of the Company. The Exercise Price for the above grant shall be Rs. 1 487/- per Option. The equity shares against the Options vested in the eligible employees shall be allotted on payment of the Exercise Price as per the terms of the scheme. The Allotment of Equity Shares as detailed below upon exercise of Options by the employees under the Companys Employee Stock Options Scheme 2020:No of equity shares allotted: 2 220 (face value of Rs. 10/-)Date of Allotment: 5th August 2022.

Click here to view PDF