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 18 September 2018, approved allotment of shares, as per the following details, against exercise of the Restricted Stock Units and
Employee Stock Options under Restricted Stock Units Plan 2014 (RSU 2014), Restricted Stock Units Plan 2015 (RSU 2015) and Employee stock Options Plan 2016 (ESOP 2016) respectively.
Plan RSUs/ESOPs Exercised
RSU 2014 503
RSU 2015 4,175
ESOP 2016 950
TOTAL 5,628
The terms and time period of exercise of the Restricted Stock Units and Employee Stock Options is as per the RSU 2014, 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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