As per SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the ESOP Compensation Committee of the Board, vide its resolution dated 12 June 2018, approved allotment of shares, as per the following details, against exercise of the Employee Stock Options and Restricted Stock units under Employee stock Options Plan 2016 (ESOP 2016), Restricted Stock Units Plan 2015 (RSU 2015) and Restricted Stock Units Plan 2014 (RSU 2014) respectively.
Plan ESOPs/RSUs Exercised
RSU 2014 471
RSU 2015 6,764
ESOP 2016 17,989
TOTAL 25,224
The terms and time period of exercise of the Employee Stock Options and Restricted Stock Units is as per the ESOP 2016, RSU 2015 and RSU 2014 Plan document, a copy of which had already been submitted with you at the time of obtaining in-principle approval.
This is for your information and records.
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