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InterGlobe Aviation Limited — Capital/Financing Update 2024
Apr 1, 2024
61901_rns_2024-04-01_69b1cc80-d547-4d44-955a-fa51d74c4712.pdf
Capital/Financing Update
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April 1, 2024 IGAL/SECT/04-24/01
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 Symbol: INDIGO Scrip Code: 539448
Subject: Grant of Stock Options
Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”)
Dear Sir/ Madam,
We wish to inform you that the Nomination and Remuneration Committee has approved grant of Stock Options of the Company on April 1, 2024.
The details as required, under the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are provided as Annexure I to this letter.
We request you take the same on record.
Thanking you,
For InterGlobe Aviation Limited
NEERJA Digitally signed by NEERJA SHARMA SHARMA Date: 2024.04.01 19:11:39 +05'30'
Neerja Sharma
Company Secretary and Chief Compliance Officer
InterGlobe Aviation Limited
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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: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500. CIN no.: L62100DL2004PLC129768
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Annexure-I
| S. No. |
Particulars | Details of Grant I | Details of Grant II |
|---|---|---|---|
| 1. | Brief details of options granted |
40,000 Stock Options (Options) under InterGlobe Aviation Limited - Employees Stock Option Scheme 2015 ("Scheme”). |
70,480 Performance Stock Options (Options) under InterGlobe Aviation Limited - Employees Stock Option Scheme 2023 ("Scheme”). |
| 2. | Whether the scheme is in terms of SEBI (SBEB) Regulations, 2021 |
Yes | Yes |
| 3. | Total number of shares covered by these Options |
40,000 Equity Shares of INR 10/- each. |
70,480 Equity Shares of INR 10/- each. |
| 4. | Pricing formula | INR 10/- each. | INR 10/- each. |
| 5. | Options vested | Not applicable | Not applicable |
| 6. | Time within which Options may be exercised |
4 years from the date of vesting | 4 years from the date of vesting |
| 7. | Options exercised |
Not applicable | Not applicable |
| 8. | Money realized by exercise of Options |
Not applicable | Not applicable |
| 9. | The total number of shares arising as a result of exercise of Options |
Not applicable | Not applicable |
| 10. | Options lapsed | Not applicable | Not applicable |
| 11. | Variation of terms of options |
Not applicable | Not applicable |
| 12. | Brief details of significant terms |
Options granted would entitle the grantee to acquire up to and not exceeding 40,000 number of Equity Shares of the Company at a face value of INR 10/- each subject to the terms and conditions of vesting set out in the Scheme. |
a) Options granted would entitle the grantee to acquire up to and not exceeding 70,480 number of Equity Shares of the Company at the face value of INR 10/- each. b) The Options shall vest subject to the grantee’s continued |
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: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500. CIN no.: L62100DL2004PLC129768
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| employment with the Company and the Company achieving predetermined performance metrics as per the audited financials. |
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|---|---|---|---|
| 13. | Subsequent changes or cancellation or exercise of such Options |
There is no change, cancellation or exercise of the Options. |
There is no change, cancellation or exercise of the Options. |
| 14. | Diluted earnings per share pursuant to issue of equity shares on exercise of options |
Options are yet to be exercised. | Options are yet to be exercised. |
InterGlobe Aviation Limited
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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: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500. CIN no.: L62100DL2004PLC129768