Unichem Laboratories Ltd. — Capital/Financing Update 2023

Jun 26, 2023

Date: June 26, 2023

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The Secretary The Manager Listing Department Listing Department Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra – Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai – 400 051 Scrip Code -506690 Stock Symbol – UNICHEMLAB

Sub.: Grant of Employee Stock Options under Unichem Employee Stock Option Scheme 2018.

Pursuant to Regulation 30 of SEBI Listing Regulations, 2015 we wish to inform you that the Nomination and Remuneration Committee (“NRC”) of the Board of Directors of the Company at its meeting held on June 26, 2023, approved the grant of Stock Options to its Eligible Employee under the Unichem Employee Stock Option Scheme 2018 (Scheme) as per details given below:

a)	Brief details of the options granted	5,00,000 options have been granted to the eligible employee of its Subsidiary company.	5,00,000 options have been granted to the eligible employee of its Subsidiary company.	5,00,000 options have been granted to the eligible employee of its Subsidiary company.
b)	Whether the scheme is in terms of SEBI (SBEB) Regulations, 2014	Yes
c)	Total number of shares covered by these options;	500,000 equity shares
d)	Exercise Price	Rs. 370/- per share
e)	Vesting Period	Tranche of Options Ist Tranche - 50% of the Options Granted 2nd Tranche - 25% of the Options Granted 3rd Tranche -25% of the Options Granted		Options 250,000 150,000 150,000
			**Vesting Date **	Options
			01-07-2024	250,000
			01-05-2025	150,000
			01-05-2026	150,000
f)	Time within which option may be exercised	Subject to the terms of the Scheme, each tranche of Options may be exercised within 15 months from the Vesting Date or such other date if any amended by the by the NRC from time to time
g)	options exercised	Not Applicable
h)	Money realized by exercise of options	Not Applicable
i)	options exercised	Not Applicable
j)	options lapsed	Not Applicable
k)	variation of terms of options	Not Applicable

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Registered Office: Unichem Bhavan, Prabhat Estate, Off S. V. Road Jogeshwari (West), Mumbai – 400 102, Maharashtra, India.

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l)	Brief details of significant terms	The Unichem ESOP Scheme 2018 also provides for the manner in which Options would be dealt with in case of death, permanent incapacity, resignation, termination, retirement etc. The equity shares allotted, pursuant to the exercise of the stock options, would be_pari-passu_to the existing Equity shares in all respects and would not be subject to lock-in.
m)	Subsequent changes or cancellation or exercise of such options	Not Applicable
n)	Diluted earnings per share pursuant to issue of equity shares on exercise of options.	Not Applicable

The ESOPs granted are governed by the Unichem Employee Stock Option Scheme 2018 which is submitted with the exchanges at the time of obtaining In Principle Listing Approval. The Company has received In Principle Listing Approval from BSE Limited and NSE Limited

Please take the above on record.

For UNICHEM LABORATORIES LIMITED

PRADEEP Digitally signed by PRADEEP BHANDARI BHANDARI Date: 2023.06.26 11:25:43 +05'30'

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PRADEEP BHANDARI Head – Legal & Company Secretary

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Registered Office: Unichem Bhavan, Prabhat Estate, Off S. V. Road Jogeshwari (West), Mumbai – 400 102, Maharashtra, India.