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Sasken Technologies: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS


We wish to inform that the Nomination and Remuneration Committee of the Board (Committee) has on January 13 2022 accorded its approval for grant of up to 1 20 000 Restricted Stock Units (RSUs) at an exercise price of ?10 per RSU i.e. at par value of equity shares of the Company in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations 2021 and other applicable regulations and Sasken Employees Share Based Incentive Plan 2016. The above grants have been made to identified employees of the Company and these shall vest as per the vesting schedule approved by the Committee and can be exercised over the exercise period as approved by them.This is for your information and records.

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