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STRIDES PHARMA SCIENCE LIMITED — Share Issue/Capital Change 2021
Aug 31, 2021
62616_rns_2021-08-31_eac0e8ec-94ec-4cf3-bf27-5c36034b38bc.pdf
Share Issue/Capital Change
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August 31, 2021
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 Plan 2016
Pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held today has granted 42,500 stock options to eligible employees under the Strides ESOP Plan 2016 at Rs. 455.80 per option (exercise price). The shares covered by such options are 42,500 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.
Thanks & Regards,
For Strides Pharma Science Limited,
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Manjula R Company Secretary
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