AI assistant
Crompton Greaves Consumer Electricals Limited — Capital/Financing Update 2021
Jan 21, 2021
60950_rns_2021-01-21_2a434946-0643-4900-8174-43e6d29e44c8.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Crompton
Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1st Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai 400 070. India Tel: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in. GIN: L31900MH2015PLC262254
Date: January 21, 2021
| Date: Januar 21, 2021 | |
|---|---|
| To, | To, |
| BSE Limited ("BSE"),Corporate Relationship Deparment, | National Stock Exchange of India Limited ("NSE"),"Exchange Plaza", 5thFloor, |
| 2ndFloor, New Trading Ring, | Plot No. C/1, G Block, |
| P.J. Towers, Dalal Street, | Bandra-Kurla Complex, Bandra (East), |
| Mumbai - 400 001 | Mumbai - 400 051 |
| BSE Scrip Code: 539876 | NSE Symb�:CROMPTON |
| ISIN: INE299U01018 | ISIN: INE299U01018 |
| Our Reference: 113/2020-21 | Our Reference: 113/2020-21 |
Dear Sir/Madam,
Sub: Intimation pursuant to Regulation 30 of the SEBl(LODR) Regulation, 2015 relating to Grant of Options under ESOP 2019
Pursuant to Regulation 30 of SEBI {LODR) Regulation, 2015 we would like to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company has inter alia approved the grant of 71,62,750 stock options under Employee Stock Option Plan 2019 (ESOP 2019) to eligible employees in its Meeting held today, January 21, 2021through Video Conferencing.
The salient features of the options are as follows:
| Sr. | Pariculars | Details |
|---|---|---|
| No. | ||
| 1 | Brief details of option granted | 71,62, 750 options have been granted as per the resolution |
| passed by the Nomination and Remuneration Committeeon Januar 21, 2021. | ||
| 2. | WhetherSchemeisin termsofSEBI(SBEB) | Yes |
| Requlations,2014(if applicable) | ||
| 3. | Total No. of Shares covered by these options | 71,62,750 Equity shares of Face Value of Rs. 2/- |
| each. | ||
| 4. | Exercise Price | Rs. 405.95 being the closing Market Price on January 20, |
| 2021 on National Stock Exchange of India Limited. | ||
| 5. | Options Vesting Period | Not earlier than one year and not later than five years from |
| the date ofQrant of Options. | ||
| 6. | Time within which options may be exercised | 5 years from the date of vesting of Options. |
We request you to kindly take the above on record as per the provisions of the Listing Regulations.
Thanking you,
For Crompton Greaves Consumer Electricals Limited
Pragya u Company Secretary & Compliance Officer Membership No: A17167
==> picture [45 x 70] intentionally omitted <==