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Sonata Software Ltd. — Capital/Financing Update 2023
Jan 24, 2023
60845_rns_2023-01-24_3c27762b-1f4a-4e34-88e6-d66d795bb51e.pdf
Capital/Financing Update
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24[th] January, 2023
National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Mumbai Kind Attn: Manager, Listing Department Stock Code – SONATSOFTW
BSE Limited P.J. Towers, Dalal Street, Mumbai Kind Attn: Manager, Listing Department Stock Code - 532221
Dear Sir/Madam,
Sub: Intimation of grant of stock options under Employee Stock Option Plan 2013
This is to inform you that the Nomination and Remuneration Committee of the Company on 24[th] January, 2023 has approved the grant of 80,000 stock options through Trust, to eligible employee(s), under the Sonata Employee Stock Option Plan 2013.
Vesting Period will be over a period of 4 years in equal proportions. The stock options are exercisable from the date on which option vests until the employee(s) are in the employment with the Company, and other terms will be as per the Plan administered through Sonata Employee Stock Option Plan, 2013 and upon exercise of stock options, shares will be allotted by the Trust.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For Sonata Software Limited
MANGAL Digitally signed by MANGAL KRISHNARAO KRISHNARAO KULKARNI Date: 2023.01.24 KULKARNI 16:51:04 +05'30' Mangal Kulkarni
Company Secretary, Compliance Officer and Head – Legal
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Website: www.sonata-software.com email: [email protected]
1/4, APS Trust Building, Bull Temple Road, N. R. Colony, Bengaluru - 560 019, India Regd. Off: 208, T. V. Industrial Estate, S. K. Ahire Marg, Worli, Mumbai - 400 030, India Tel: +91 80 6778 1999 | Fax: +91 80 2661 0972 | CIN: L72200MH1994PLC082110