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InterGlobe Aviation Limited — Director's Dealing 2021
Mar 9, 2021
61901_rns_2021-03-09_d80cc699-31fa-4899-8dc4-75915948644b.pdf
Director's Dealing
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March 9, 2021 IGAL/SECT/03-21/02
To National Stock Exchange of India Limited Exchange Plaza, C - 1, Block G Bandra Kurla Complex Bandra - (E) Mumbai - 400 051
To Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001
Dear Sir/ Madam,
Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – 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 (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI LODR Regulations"), we hereby inform that the Nomination and Remuneration Committee has granted 185,000 Stock Options 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 GUPTA
Digitally signed by SANJAY GUPTA Date: 2021.03.09 19:12:43 +05'30'
Sanjay Gupta Company Secretary and Chief Compliance Officer
Encl: Annexure - I
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
Annexure – I
| S. No. | Particulars | Details |
|---|---|---|
| 1. | Brief details of Options | 1,85,000stock options("Options") were |
| granted | grantedbytheNominationandRemuneration Committee to an Eligible | |
| EmployeeonJanuary29,2021under | ||
| InterGlobe Aviation Limited -Employees | ||
| Stock Option Scheme 2015, which has been | ||
| approved by the Board of Directors of the | ||
| Company on March 6, 2021,subject to the | ||
| approval of the shareholdersthrough postalballot | ||
| 2. | Whether the scheme is in | Yes |
| termsofSEBI(SBEB) | ||
| Regulations, 2014 | ||
| 3. | Total number of shares | 1,85,000equity shares |
| coveredbythese | ||
| Options | ||
| 4. | Pricing formula | Exercise price of Rs. 765per share |
| 5. | Options vested | Not applicable |
| 6. | Timewithinwhich | All Options mustbe Exercised within four |
| Optionsmaybe | years of the respective Vesting Dates | |
| exercised | ||
| 7. | Options exercised | Not applicable |
| 8. | Moneyrealizedby | Not applicable |
| exercise of Options | ||
| 9. | Thetotalnumberof | Not applicable |
| shares arising as a resultof exercise of Options | ||
| 10. | Options lapsed | Not applicable |
| 11. | Variationoftermsofoptions | No variation |
| 12. | Briefdetailsofsignificant terms | Vesting Period: |
| TrancheofVesting Date | ||
| options | ||
| 25%Oneyearfromthe | ||
| date of grant35%Two years from the | ||
| date of grant | ||
| 40%OnDecember23, | ||
| 2023 |
| S. No. | Particulars | Details |
|---|---|---|
| 13. | Subsequent changes or | There is no change, cancellation or exercise. |
| cancellation or exercise | ||
| of such Options | ||
| 14. | Dilutedearningsper | No options have been exercised till date. |
| share pursuant to issue | ||
| ofequityshareson | ||
| exercise of options |