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InterGlobe Aviation Limited — Capital/Financing Update 2022
Oct 8, 2022
61901_rns_2022-10-08_67c1b06e-c127-4468-b7cb-9bf49d2c296a.pdf
Capital/Financing Update
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October 08, 2022
IGAL/SECT/10-22/01
To To National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C - 1, Block G BSE Limited Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001
Dear Sir/ Madam,
Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and “ ” – Disclosure Requirements) Regulations, 2015 ( SEBI LODR Regulations ) Grant of Stock Options
Ref : InterGlobe Aviation Limited (Symbol: INDIGO/Scrip Code: 539448)
In compliance with Regulation 30 and other applicable regulations of the SEBI LODR Regulations, we hereby inform that the Nomination and Remuneration Committee has, by a resolution passed on October 7, 2022, granted 400,000 Stock Options (“Options”) to an eligible employee of the Company, under InterGlobe Aviation Limited - Employees Stock Option Scheme 2015.
The details as required, under the SEBI LODR Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, are attached as Annexure I to this letter.
This is for your information and record.
Thanking you,
For InterGlobe Aviation Limited
SANJAY Digitally signed by SANJAY GUPTA GUPTA Date: 2022.10.08 18:53:28 +05'30' Sanjay Gupta Company Secretary and Chief Compliance Officer
Encl: Annexure - I
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InterGlobe Aviation Limited Registered Office: Upper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi – 110 001, India. M +91 9650098905, F + 91 11 43513200 Email: [email protected] Corporate Office: Level1, Tower C, Global Business Park, M G Road, Gurgaon - 122 002, Haryana, India. T +91 124 435 2500. F + 91 124 406 8536 CIN no.: L62100DL2004PLC129768
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Annexure – I
| S. No. | Particulars | Details | Details | Details | |
|---|---|---|---|---|---|
| 1. | Date of grant | October 1, 2022 | |||
| 2. | Brief details of Options granted |
400,000 Options under InterGlobe Aviation Limited - Employees Stock Option Scheme 2015 |
|||
| 3. | Whether the scheme is in terms of SEBI (SBEB) Regulations, 2014 |
Yes | |||
| 4. | Total number of shares covered by these Options |
400,000 equity shares | |||
| 5. | Pricing formula | Exercise price of Rs. 1,855.30 per share (i.e. latest available closing market price at NSE on 30th September, 2022) |
|||
| 6. | Options vested | Not applicable | |||
| 7. | Time within which Options may be exercised |
4 years after vesting | |||
| 8. | Options exercised | Not applicable | |||
| 9. | Money realized by exercise of Options |
Not applicable | |||
| 10. | The total number of shares arising as a result of exercise of Options |
Not applicable | |||
| 11. | Options lapsed | Not applicable | |||
| 12. | Variation of terms of options |
No variation | |||
| 13. | Brief details of significant terms |
No. of Options | Tranche | ||
| 80,000 | One year from date of grant |
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| 80,000 | Two years from date of grant |
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| 80,000 | Three years from date of grant |
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| 80,000 | Four years from date of grant |
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| 80,000 | Five years from date of grant |
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| 14. | Subsequent changes or cancellation or exercise of such Options |
There is no change, cancellation or exercise. | |||
| 15. | Diluted earnings per share pursuant to issue of equity shares on exercise of options |
No options have been exercised till date. |
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