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Vakrangee Limited — Capital/Financing Update 2024
Mar 22, 2024
59251_rns_2024-03-22_a405bfd4-3809-42bb-bd1c-7310146e5ce1.pdf
Capital/Financing Update
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Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100 CIN: L65990MH1990PLC056669``
March 22, 2024
To,
| Department of Corporate Relationship BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 |
Corporate Relationship Department National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 |
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|---|---|---|
Dear Sir/Madam,
Sub.: Grant of Options under ESOP Scheme 2014 of the Company Ref.: Vakrangee Limited – Scrip Code – 511431/VAKRANGEE
We wish to inform you that the Nomination and Remuneration and Compensation Committee (NRC Committee) on March 22, 2024 has approved and granted 8,22,700 number of options to eligible employees of the Company at a price of Rs. 19.95/- per option under its Vakrangee Limited Employee Stock Option Scheme 2014 (ESOP Scheme 2014).
The aforesaid grant of options and the pricing formula is in accordance with ESOP Scheme 2014 of the Company.
Thanking you,
Yours faithfully,
For Vakrangee Limited
Sachin Tukaram Khandekar Digitally signed by Sachin Tukaram Khandekar DN: c=IN, o=Personal, postalCode=400081, l=Mumbai Suburban, st=Maharashtra, street=Flat No.1003, 5 B Wing, Destiny Paradise CHSL , Mumbai, Maharashtra India- 400081-, title=9332, 2.5.4.20=9b8c16b6d2ea4521ca3fc63913c039dabc80651029f00c28ea4ca75e666ec3c2, serialNumber=d0ee1a6f46e34aa2c42edac2de47e7873c65431b6bfe84a88768657f9458d264, [email protected], cn=Sachin Tukaram Khandekar Date: 2024.03.22 16:24:33 +05'30'
Sachin Khandekar Company Secretary (Mem. No.: A50577)