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Pidilite Industries Ltd. — Capital/Financing Update 2023
Jan 24, 2023
61002_rns_2023-01-24_367ccf9e-2205-4f3d-bf09-8acf1d107815.pdf
Capital/Financing Update
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Date: 24[th] January, 2023
The Secretary BSE Ltd. Corporate Relationship Dept., 14[th] floor, P. J. Tower, Dalal 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
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This is to inform that the Company has granted 17,500 stock options under ESOP-2016 to the eligible employees of the Company on 24[th] January, 2023 as per the following vesting schedule:
| Sr. No | No of stock options | Vesting date | Exercise Price |
|---|---|---|---|
| 1. | 5000 | 1st June, 2025 | Re.1/- |
| 2. | 5000 | 1stJune, 2026 | Re.1/- |
| 3. | 7500 | 1stJune, 2027 | Rs. 2205/- |
Exercise period will be upto 3 years from the date of vesting of options for all the above mentioned 17,500 stock options.
Thanking You,
Yours faithfully,
For Pidilite Industries Limited
MANISHA Digitally signed by MANISHA RAKESH RAKESH SHETTY SHETTY Date: 2023.01.24 17:14:07 +05'30'
Manisha Shetty Company Secretary
Regd. Office Regent Chambers, 7th Floor Jamnalal Bajaj Marg 208 Nariman Point Mumbai 400 021
Pidilite Industries Limited Corporate Office Ramkrishna Mandir Road Andheri - E, Mumbai 400059, India T + 91 22 2835 7000 2835 7952 / 2835 7365 F +91 22 2830 4482 www.pidilite.com ClN:L24100MH1969PLC014336