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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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