PVR has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 and subject to the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014 and in accordance with PVR Employee Stock Option Plan 2020 (PVR ESOP 2020/ Plan), the Nomination and Remuneration Committee on September 8th, 2020, has approved the cancellation of 4,000 Option granted to an employee of the company due to his ceasing in the employment of the Company. The Nomination & Remuneration Committee also on 8th September 2020 approved the grant of 4,000 employee stock options to an employee of the Company exercisable into not more than 4000 fully paid up equity shares of Rs 10 each of the company.
The above information is a part of company’s filings submitted to BSE.
