Pursuant to the recommendation of Nomination and Remuneration Committee the Board of Directors of the Company in their meeting held today i.e. November 14 2022 has granted 42 500 stock options to eligible employees under the Strides ESOP Plan 2016 at Rs. 240/- per option (exercise price). The shares covered by such options are 42 500 equity shares.The vesting period of these options are in a phased manner over a period of 3 years. The options are exercisable within a period of 12 months (exercisable in not more than two tranches) from the date of vesting.
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