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Glenmark Pharmaceuticals ltd Share Issue/Capital Change 2018

Nov 13, 2018

Share Issue/Capital Change

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