Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the Company on June 15 2019 has granted 24 700 stock options (which would get converted into 24 700 equity shares of the Company upon exercise) to the eligible employees subject to the terms of the Employee Stock Option Plans of the Company. The main terms relating to the aforesaid grant are given below:
1. Exercise Price: Rs. 901.70 per Share; and
2. Vesting Schedule: Four years - 25% at the end of each year.
We request you to take the above information on record.
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