STRIDES PHARMA SCIENCE LIMITED — Share Issue/Capital Change 2019

Oct 25, 2019

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October 25, 2019

BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E) Mumbai - 400 051 Scrip code: 532531 Scrip code: STAR

Dear Sirs,

Sub: Grant of Options under Strides ESOP 2016 Plan

Pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held today i.e., October 25, 2019 has granted 25,000 stock options to an eligible employee of the Company under the Strides ESOP 2016 Plan at Rs. 257.65 per option (exercise price). The shares covered by such options are 25,000 equity shares.

The vesting period of these options is in a phased manner over a period of 3 years. The options are exercisable within a period of 12 months (exercisable in not more than two tranches) from the date of vesting.

For Strides Pharma Science Limited

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----- Start of picture text ----- Manjula RamamurthyCompany Secretary----- End of picture text -----

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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