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Pidilite Industries Ltd. — Capital/Financing Update 2021
Nov 10, 2021
61002_rns_2021-11-10_6c795bdd-a7ee-4608-985f-35497ad80a0f.pdf
Capital/Financing Update
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Date: 10th November, 2021
The Secretary BSE Ltd. Corporate Relationship Dept., 14thfloor, P. J. Tower, Dalai Street, Fort Mumbai - 400 001 Stock Code — 500331
The Secretary National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Stock Code - PIDILITIND
Dear Sir,
Sub: Intimation regarding grant of stock options
This is to inform that the Company has granted 56,250 stock options under ESOP-2016 to the eligible employees of the Company on 9th November, 2021 as per the following vesting schedule:
| Sr. No | No of stock options | Vesting date | Exercise Price |
|---|---|---|---|
| 1. | 2,775 | 09/11/2023 | Re.1/- |
| 2. | 2,775 | 09/11/2024 | Re.1/- |
| 3. | 3,700 | 09/11/2025 | Re.1/- |
| 4. | 14,100 | 09/11/2024 | Rs. 2390.75 |
| 5. | 14,100 | 09/11/2025 | Rs. 2390.75 |
| 6. | 18,800 | 09/11/2026 | Rs. 2390.75 |
Exercise period will be upto 3 years from the date of vesting of options for all the above mentioned 56,250 stock options.
Thanking You,
Yours faithfully, For Pidilite Industries Limited
Manisha Shetty Additional Company Secretary
Pidilite Industries Limited
Corporate Office Ramkrishna Mandir Road Andheri - E, Mumbai 400059, India
Regd. Office Regent Chambers, 7th Floor Jamnalal Bajaj Marg 208 Nariman Point Mumbai 400 021
T + 91 22 2835 7000 2835 7952 / 2835 7365 F +91 22 2830 4482 www.pidilite.com CIN:L24100MH1969PLC014336