STRIDES PHARMA SCIENCE LIMITED — Capital/Financing Update 2019

Jan 29, 2019

January 29, 2019

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip code: 532531

The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E) Mumbai - 400 051 Scrip code: STAR

Dear Sirs,

Sub: Grant of Options under Strides Shasun ESOP 2016

Pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held today has granted 22,500 stock options to eligible employees of the Company/ its subsidiary under the Strides Shasun ESOP 2016 Scheme at Rs. 378.40 per option (exercise price). The shares covered by such options are 22,500 equity shares.

The vesting period of these options is in a phased manner over a period of 3 years. The options may be exercised within a period of 60 days from the date of vesting.

Thanks & Regards,

For Strides Pharma Science Limited

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Manjula Ramamurthy Company Secretary

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Strides Pharma Science Limited (Formerly Strides Shasun Limited) CIN: L24230MH1990PLC057062 Corp Off : Strides House, Bilekahalli, Bannerghatta Road, Bangalore - 560 076, India Tel: +91 80 6784 0000 Fax: +91 80 6784 0700 Regd Off : 201, Devavrata, Sector 17, Vashi, Navi Mumbai – 400 703, India Tel: +91 22 2789 2924 / 3199 Fax: +91 22 2789 2942 info@strides.com; www.strides.com