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Grasim Industries Ltd Director's Dealing 2019

Dec 24, 2019

59224_rns_2019-12-24_ce5c74ca-1cd4-44c1-a6b3-5c2c501b5217.pdf

Director's Dealing

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Number of Stock Options Granted 31,522 Stock Options in aggregate, comprising
of 26,456 Options and 5,066 Restricted Stock
Units (RSU)
Whether the scheme is in terms of Yes
SEBI(SBEB) Regulations, 2014 (if applicable)
Vesting Period For Options- 25% each, over 4 years. The first
vesting being on completion of one year from
the date of grant.
For RSU- 100% vesting at the end of 3 years
from the date of grant (Bullet Vesting after
3 years from the date of grant)
Exercise Period Stock Options to be exercised within 5 years
from the date of vesting
Exercise Price For Options- Rs. 742.35 per Option, based on
the "Market Price" on the date of grant
i.e.23rdDecember 2019 in accordance with
applicable SEBI Regulations.
For RSU- Rs. 2 per RSU
Grasim Industries Limited
Aditya Birla Centre, 'A' wing, 2nd Floor, S.K. Ahire Marg, Worli, Mumbai 400 030, India
T: +91 22 6652 5000 / 2499 5000 I F: +91 22 6652 5114 / 2499 5114
E: [email protected] W: www.grasim.comI CIN: L17124MP1947PLC000410

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