Elgi Equipments Ltd. — Remuneration Information 2020

Mar 6, 2020

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	ParticularsBriefdetailsofoptionsgrantedWhethertheschemeIsIntermsofSEBI(SBEB)Regulations,2014	Disclosure	Disclosure
		TheCompensationCommitteehasgranted1,60,600stockoptionstotheeligibleemployeesoftheCompanyanditssubsidiaries.ThedetailedtermsandconditionsregardingthevestingofoptionshavebeenenumeratedintheletterofQrantQiventotheemployees
		Yes
	TotalnumberofsharescoveredbytheseoptionsPricingformula	1,60,600equitysharesofRe.1/.-each(EachoptionwillbeentitledtoconvertedIntooneequityshareofRe.1/-each).	be
		GrantPrice:Rs.200.05pershare
	Optionsvested	Noneasofnow
	Timewithinwhich	Optionsmaybeexercisedafterthreeyearsofgrant.
	optionsmaybeexercised
	Optionsexercised	NotApplicable
	Moneyrealizedbyexerciseofoptions	NotApplicable
	Thetotalnumberofsharesarisingasaresultofexerciseofoption	NotApplicable
	Optionslapsed	NotApplicable
	Variationoftermsofoptions	NotApplicable
	Briefdetailsofsignificantterms	NotApplicable
	Subsequentchangesorcancellationorexerciseofsuchoptions	NotApplicable
	Dilutedearningspersharepursuanttoissueofequitysharesonexercise ofoptions	NotApplicable