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PDS LIMITED — Capital/Financing Update 2022
May 16, 2022
60265_rns_2022-05-16_3257380a-8e1b-4b0b-8d42-ed0f81951abb.pdf
Capital/Financing Update
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PDSL/SE/2022‐23/130
May 16, 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
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Re: ISIN ‐ INE111Q01013
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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 – Plan A
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., May 16, 2022, approved the following grant in terms of PDS Multinational Fashions Limited – Employee Stock Option Plan 2021 – Plan A.
The brief general terms and conditions of the said Grant are as under:
| Sl. No. | Particulars | Details |
|---|---|---|
| 1 | Number of Stock Options Granted | 22,000 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 these options |
22,000 (Twenty‐Two Thousand) Equity Shares of Face Value of Rs.10/‐ (Rupees Ten) each. |
| 4 | Exercise Price | Rs. 1267/‐ per Stock Option. |
| 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 the Stock Options. |
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We request you to kindly take the above on record for the purpose of dissemination to the Shareholders.
Thanking you,
Yours faithfully, for PDS Limited (Erstwhile PDS Multinational Fashions Limited) - �J Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F‐9530
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