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PDS LIMITED — Capital/Financing Update 2022
Nov 1, 2022
60265_rns_2022-11-01_5d6f7f8a-3eca-494d-a047-7fac202b0570.pdf
Capital/Financing Update
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PDS/SE/2022-23/175
November 1, 2022
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: PDSL Scrip Code: 538730
Re: ISIN - INE111Q01021
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, w.r.t. Grant of Stock Options under PDS Limited – Employee Stock Option Plan 2021 and/or PDS Limited – Employee Stock Option Plan 2021 – Plan A and/or PDS Limited – Employee Stock Option Plan 2021 – Plan B.
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., November 1, 2022, approved the following grant in terms of PDS Limited – Employee Stock Option Plan 2021 and/or PDS Limited – Employee Stock Option Plan 2021 – Plan A and/or PDS Limited – Employee Stock Option Plan 2021 – Plan B.
The brief general terms and conditions of the said Grant are as under:
| Sl. No. | Particulars | Details |
|---|---|---|
| 1 | Number of Stock Options Granted | 1,60,000 Stock Options to the Eligible Employee(s) |
| 2 | Whether the scheme is in terms of SEBI(SBEB) Regulations, 2014 | Yes |
| 3 | Total number of Shares covered by theseoptions | 1,60,000 (One Lakh Sixty Thousand Only) EquityShares of Face Value of Rs.2/- (Rupees Two) each. |
| 4 | Exercise Price | Rs.240/- per Stock Option |
| 5 | Vesting Period | Within 4 (Four) Years from the date of Grant [intranches] |
| 6 | Exercise period | 4 (Four) years from the date of Vesting of the StockOptions |
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We request you to kindly take the above information on record.
Thanking you,
Yours faithfully, for PDS Limited (Erstwhile PDS Multinational Fashions Limited)
ABHISHE Digitally signed by ABHISHEKH KANOI KH KANOI Date: 2022.11.01 18:43:03 +05'30'
Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F-9530
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