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PDS LIMITED — Capital/Financing Update 2021
Oct 22, 2021
60265_rns_2021-10-22_f8308110-c811-4fcc-b923-b2c95235deae.pdf
Capital/Financing Update
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PDS Multinational Fashions Limited
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PDS/SE/2021‐22/65 October 22, 2021
| Listing DepartmentNational Stock Exchange of India LimitedExchange Plaza, C‐1 Block G,Bandra Kurla Complex, Bandra (E),Mumbai ‐400 051Scrip Symbol: PDSMFL | Corporate Relationship DepartmentBSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai‐ 400001Scrip Code: 538730 |
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Re: ISIN ‐ INE111Q01013
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, w.r.t. Grant of Stock Options/Units under PDS Multinational Fashions Limited – Employee Stock Option Plan 2021 – Plan A and/or PDS Multinational Fashions Limited – Employee Stock Option Plan 2021 – Plan B and/or PDS Multinational Fashions Limited –Phantom Stock Units Plan 2021.
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform that the Nomination and Remuneration (Compensation) Committee of the Board of Directors of the Company and subject to the appropriate approvals, has today, i.e., October 22, 2021, approved the following grant in terms of PDS Multinational Fashions Limited – Employee Stock Option Plan 2021 – Plan A and/or PDS Multinational Fashions Limited – Employee Stock Option Plan 2021 – Plan B and/or PDS Multinational Fashions Limited –Phantom Stock Units Plan 2021.
The brief general terms and conditions of the said Grant are as under:
| Sl. No. | Particulars | Details |
|---|---|---|
| 1 | Number of Stock Options Granted | 5,80,200 Stock Options/Units to the EligibleEmployee(s) |
| 2 | Whether the scheme is in terms of SEBI(SBEB) Regulations, 2014 | Yes |
| 3 | Total number of Shares covered by theseoptions | 5,80,200 (Five Lakhs Eighty Thousand TwoHundred) Equity Shares of Face Value ofRs.10/‐ (Rupees Ten) each. |
| 4 | Exercise Price | Rs.1095/‐ per Stock Option/Units and Rs. 650/‐per Stock Option/Units. |
| 5 | Vesting Period | Within 4 (Four) Years from the date of Grant[in tranches] |
| 6 | Exercise period | 4 (Four) years from the date of Vesting of theStock Options/Units. |
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Regd. Off: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, (India) Corp. Office: Unit No.971, Solitaire Corporate Park, Andheri – Ghatkopar Link Road, Andheri (East), Mumbai – 400093, Maharashtra (India) Email: [email protected]; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000; +91 22 41441100 CIN: L18101KA2011PLC094125
PDS Multinational Fashions Limited
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We request you to kindly take the above information on record.
Thanking you,
Yours faithfully, for PDS Multinational Fashions Limited - Abhishekh Kanoi �J Head of Legal & Company Secretary ICSI Membership No.: F‐9530
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Regd. Off: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, (India) Corp. Office: Unit No.971, Solitaire Corporate Park, Andheri – Ghatkopar Link Road, Andheri (East), Mumbai – 400093, Maharashtra (India) Email: [email protected]; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000; +91 22 41441100 CIN: L18101KA2011PLC094125