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Glenmark Pharmaceuticals ltd Remuneration Information 2019

Nov 14, 2019

Remuneration Information

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pursuanttoEmployee Stock Options	Scheme, 2016:
NumberofOptions Granted	20,000 OptionsEachOption represents 1 EquitysharesofRe.1 each
NumberofOrdinarysharescovered under the Optionsgranted	20,000 equity sharesofRe.1 each
Vesting period	Tocommence after a periodofone year from thedateofthe grant and extend upto a maximum periodofsixyearsfromthe dateofthegrant
Exercise Period	Tocommence from the dateofvestingofstockoptions and mayextend till the expiry ofthe scheme
Exercise Price	Rs.600per Option