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Sterlite Technologies Limited. — Share Issue/Capital Change 2024
Aug 20, 2024
59411_rns_2024-08-20_aaf2d88d-eb59-4716-acfb-8ad8e6e5d794.pdf
Share Issue/Capital Change
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www.stl.tech
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August 20, 2024
National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5[th] Floor, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051. Scrip Code: 532374; Scrip ID: STLTECH Symbol: STLTECH
BSE Limited Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.
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
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 2016 (ESOP 2016), 950,294 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 by way of a circular resolution by the Nomination and Remuneration Committee of the Board of Directors today i.e. August 20, 2024.
These stock options shall vest over a period of 4 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
Digitally signed by Amit Amit Deshpande Deshpande Date: 2024.08.20 09:57:57 +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