October 21, 2022 | |
BSE Limited | National Stock Exchange of India Ltd., |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, C/1, G Block, |
Dalal Street, | Bandra - Kurla Complex, Bandra (E), |
Mumbai - 400001. | Mumbai - 400051. |
Scrip ID: BSOFT | Symbol: BSOFT |
Scrip Code: 532400 | Series: EQ |
Kind Attn: The Manager, | Kind Attn: The Manager, |
Department of Corporate Services | Listing Department |
Subject: Grant of options under the "Birlasoft Share Incentive Plan-2022".
Dear Sir/Madam,
This is to inform you that, in terms of the "Birlasoft Share Incentive Plan-2022" ("Plan"), as approved by the Board of Directors on May 23, 2022 and by the members of the Company in the Annual General Meeting held on August 3, 2022, the Nomination and Remuneration Committee (NRC), at its meeting held on October 20, 2022, has approved grant of the following to the Eligible Employee(s) of the Company:
Sr. No. | Particulars | Options - Restricted | Options - Performance |
Stock Units | Stock Units | ||
1 | No. of options | 472,500 | 577,500 |
2 | Vesting Schedule & | Determined by the NRC in | Determined by the NRC in |
Exercise Period | accordance with the terms | accordance with the terms | |
of the Plan. | of the Plan. | ||
3 | Exercise price (in Rs.) | Rs. 2/- | Rs. 2/- |
Please note that each Option shall carry a right to be converted into one Share.
Kindly take the same on your record.
Thanking you.
Yours faithfully,
For Birlasoft Limited
Sneha Padve
Company Secretary & Compliance Officer