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Cipla Ltd. Capital/Financing Update 2021
59275_rns_2021-05-14_79a85376-6fa1-4ab0-a15c-bac0a6cd74b6.pdf
Capital/Financing Update
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14 th May, 2021
(1) BSE Ltd. Listing Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001
- (3) SOCIETE DE LA BOURSE DE LUXEMBERG Societe Anonyme 35A Boulevard Joseph II, L-1840 Luxembourg
- (2) National Stock Exchange of India Ltd. Listing Department Exchange Plaza, 5th floor, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 500087 Scrip Code: CIPLA
Sub: Grant of stock options and employee stock appreciation rights
Dear Sir / Madam,
This is to inform you that the Company has made the following grants in terms of the Employee Stock Option Scheme 2013-A ("ESOS 2013-A") and the Cipla Employee Stock Appreciation Rights Scheme 2021 ("ESAR 2021") under SEBI (Share Based Employee Benefits) Regulations, 2014:
| S. N. | Scheme | Type of Option | No. of options/ ESARsgranted | Vesting period | Exercise period |
|---|---|---|---|---|---|
| 1. | ESOS 2013-A | Stock options* | 138144 | 2 years from the grantdate | 5yearsfromvestingdate |
| 2. | 25095 | 1 year from thegrant date | Withinsame calendaryear of vesting | ||
| 3. | ESAR 2021 | Employee Stock | 271329 | 3year graded vesting | 5yearsfromvesting |
| 4. | AppreciationRights(ESARs)** | 90398 | 1 year from the grant date | date |
* Exercise price Rs. 2/- per stock option
** Exercise price Rs. 2/- per equity share
Kindly take the above information on record.
Thanking you,
Yours faithfully, For Cipla Limited RAJENDR A CHOPRA Digitally signed by RAJENDRA CHOPRA Date: 2021.05.14 19:17:10 +05'30'
Rajendra Chopra Company Secretary
Prepared by: Pratiksha Mangaonkar