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PDS LIMITED — Capital/Financing Update 2021
Apr 3, 2021
60265_rns_2021-04-03_d0188a7b-615b-449c-ba82-6ea4c57517f3.pdf
Capital/Financing Update
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PDS Multinational Fashions Limited
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PDS/SE/2020-21/60
April 3, 2021
Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai -400 051 Mumbai- 400001 Scrip Symbol: PDSMFL Scrip Code: 538730
Re: ISIN - INE111Q01013
- Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, w.r.t. Grant of Stock Options under PDS Multinational Fashions Limited - Employee Stock Option 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 has today, i.e., April 3, 2021, granted 265,782 Stock Options under its PDS Multinational Fashions Limited - Employee Stock Option Plan 2021 to Mr. Sanjay Jain, Chief Executive Officer (Key Managerial Personnel) of the Company.
The brief general terms and conditions of the said Grant are as under:
| Sl. No. | Particulars | Details |
|---|---|---|
| 1 | Number of Stock Options Granted | 265,782 Stock Options |
| 2 | Whether the scheme is in terms of SEBI | Yes |
| (SBEB) Regulations, 2014 | ||
| 3 | Total number of Shares covered by these | 265,782 Equity Shares of Face Value of |
| options | Rs.10/- each | |
| 4 | Exercise Price | Rs.400/- per Stock Option |
| 5 | Vesting Period | 1 (One) Year from the date of Grant |
| 6 | Exercise period | 3 (Three) years from the date of Vesting of |
| the Stock Options |
We request you to kindly take the above information on record.
Thanking you, Yours faithfully, for PDS Multinational Fashions Limited - \ �J Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F-9530
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Regd. Office: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, INDIA Tel: +91 80 67653000; Email: [email protected]; Website: www.pdsmultinational.com CIN: L18101KA2011PLC094125