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Repro India Ltd. — Capital/Financing Update 2020
Nov 6, 2020
61404_rns_2020-11-06_3ba352ab-d781-4066-ab63-bdd6baf640c8.pdf
Capital/Financing Update
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November 6, 2020
To, To, BSE Ltd., National Stock Exchange of India Ltd., P. J. Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra East, Mumbai – 400051 (Scrip Code : 532687) (Scrip Symbol – REPRO)
Dear Sir / Madam,
Sub: Outcome of Nomination and Remuneration Committee Meeting
We have to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company, at its meeting held on November 6, 2020 has granted 3,00,000 stock options as detailed below under the Repro India Limited – Employee Stock Option Scheme – 2010.
The following are the brief terms of the options granted:
| Particulars | Details |
|---|---|
| Number of options granted | Grant of 3,00,000 options to the eligible employeesof the Company and its subsidiaries.Each Option represents 1 Equity Shares of Rs. 10each. |
| Exercisepriceper option | Rs. 250per option |
| Vesting period | One(1) year from the date ofgrant of options. |
| Exercise period | Five years from the date of vesting of options andmayextend till the expiryof the Scheme. |
The Options granted under Employee Stock Options Scheme 2010 and exercise thereof is subject to all applicable laws.
This is for your information and records.
Thanking you,
Yours faithfully, For Repro India Limited,
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Kajal Damania Company Secretary & Compliance Officer
_____________________________________________________________________________________ Corporate & Reg. Office: 11th Floor, Sun Paradise Business Plaza, 'B' Wing, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013, India. Phone: 022-71914000 Fax: 022-71914001 Email: [email protected] Website: www.reproindialtd.com CIN: L22200MH1993PLC071431