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 20 November 2019 approved allotment of shares as per the following details against exercise of the Restricted Stock Units (RSUs) and Employee Stock Options (ESOPs) under Restricted Stock Units Plan 2015 (RSU 2015) and Employee Stock Options Plan 2016 (ESOP 2016) respectively.
Plan RSUs/ESOPs Exercised
RSU 2015 9 250
ESOP 2016 6 910
Total 16 160
The terms and time period of exercise of the Restricted Stock Units and Employee Stock Options is as per the 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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