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Sterlite Technologies Limited. — Capital/Financing Update 2021
Jan 19, 2021
59411_rns_2021-01-19_c20dcc70-9bc6-4f71-8801-3b4472b0b876.pdf
Capital/Financing Update
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January 19, 2021
National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai 400 051
BSE Limited Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai 400 001
Sub: Grant under Employee Stock Option Scheme Ref.: Scrip ID - STLTECH/ Scrip Code - 532374
Dear Sirs,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that in terms of the Company's Employees Stock Option Scheme 2010 (ESOP 2010), 81,240 options exercisable into equal number of fully paid-up equity shares of the Company, at an exercise price of Rs.2/- per option, have been granted to eligible employees in the meeting of the Nomination and Remuneration Committee of the Board held on January 19, 2021.
These stock options shall vest over a period of 5 years and shall be capable of being exercised within a period of five years from the date of vesting.
Kindly take the above on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
Amit Deshpande Company Secretary (ACS 17551)
Sterlite Technologies Limited Godrej Millennium, 9 Koregoan Road, Pune 411001, Maharashtra, India Registered office: E1, MIDC Industrial Area, Aurangabad - 431 136, Maharashtra, India . CIN - L31300MH2000PLC69261