AI assistant
Cipla Ltd. Capital/Financing Update 2019
59275_rns_2019-05-22_a77ae2e9-22dd-42c6-a675-79c2e7f6af6b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
22nd May, 2019
- (1) BSE Ltd Listing Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
- (2) National Stock Exchange of India Ltd Listing Department Exchange Plaza, 5th floor, Plot no. C/1, G Block, Bandra Kurla Complex, (East), Mumbai- 400 051
Scrip Code: 500087
Scrip Code: CIPLA EQ
(3) SOCIETE DE LA BOURSE DE LUXEMBOURG Societe Anonyme 35A Boulevard Joseph II, L-1840 Luxem bourg
Sub: Disclosure under Regulation 30 of SEBI (LODR} Regulations, 2015
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform you that the Nomination and Remuneration Committee at its meeting held on 21st May 2019 has approved the following grant to employees of the Company in terms of Employee Stock Option Scheme 2013-A ("2013-A").
The briefterms and conditions of the said grant are as under:
| S. N. | Particular | Details |
|---|---|---|
| 1. | Number of options granted | 339077 options |
| 2. | Whether the scheme is in terms of SEBI (SBEB) Regulations, 2014 |
Yes |
| 3. | Total number of shares covered by these options |
339077 equity shares of face value of Rs. 2/- each |
| 4. | Exercise Price | Rs.2/- |
| 5. | Exercise Period | Five (5) years from the date of vesting of options |
| 6. | Vesting period | Two (2) years from the date of grant of 2,72,522 Options One (1) year from the date of grant of 66,555 Options |
Kindly take the above information on record.
Thanking you,
Rajendra Chopra Company Secretary & Compliance Officer
Encl: as above P C\Qla Jlr9f/....Off~ &:: Rlf!J.iOll~ ... fj~ninsula Business Park, ~anpatrao Kad.am Marg, Low~r Parel. ~umbai 400 013 re pa y:Plfol'ie +9~ 22 4i!~6'db'O., I~!:Ht'+91 22 24826120 E-ma1l [email protected] Webs1te www.c1pla.com Corporate Identity Number L24239MH1935PLC002380 --- ------------- - ---- ---- -- --