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Sterlite Technologies Limited. — Share Issue/Capital Change 2023
Jul 26, 2023
59411_rns_2023-07-26_7a7de432-71e9-47b1-b08d-abdf21780c24.pdf
Share Issue/Capital Change
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July 26, 2023
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 Sir/Madam,
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 today, has approved grant of 13,41,143 options to eligible employees 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
AMIT VILAS Digitally signed by AMIT VILAS DESHPANDE DESHPANDE Date: 2023.07.26 18:18:35 +05'30'
Amit Deshpande
General Counsel & Company Secretary (ACS 17551)
Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 41001, India. CIN - L31300PN2000PLC202408