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Sterlite Technologies Limited. — Share Issue/Capital Change 2022
Jul 20, 2022
59411_rns_2022-07-20_c30fe477-2cf8-4232-8dec-d226ee728a11.pdf
Share Issue/Capital Change
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July 20, 2022
National Stock Exchange of India Limited
Exchange Plaza, 5[th] 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.
Scrip Code: 532374; Scrip ID: STLTECH
Symbol: STLTECH
Dear Sirs,
Sub: Intimation under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) and other applicable SEBI regulations
In terms of the Company's Employees Stock Option Scheme 2010 (ESOP 2010), the Nomination and Remuneration Committee of the Board of Directors in its meeting held on July 19, 2022 has granted to eligible employees the following -
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a) 14,41,004 options exercisable into equal number of fully paid-up equity shares of the Company, at an exercise price of Rs. 2/- per option. These stock options shall vest over a period of five years and shall be capable of being exercised within a period of five years from the date of vesting.
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b) 72,280 options exercisable into equal number of fully paid-up equity shares of the Company, at an exercise price of Rs. 2/- per option. These stock options shall vest over a period of four years and shall be capable of being exercised within a period of five years from the date of vesting.
We request you to take the aforesaid on records.
Thanking you.
Yours sincerely,
For Sterlite Technologies Limited
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Amit Deshpande Company Secretary & Corporate General Counsel (ACS 17551)
Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 41001, India. CIN - L31300PN2000PLC202408