Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Saregama India has informed that the Nomination and Remuneration Committee (‘NRC’) of the Board of Directors has passed a resolution by circulation on Friday, 23rd December, 2022, approved grant of 12,00,000 Options to eligible employee of the Company exercisable into not more than 12,00,000 fully paid-up equity shares of Re 1 each of the Company under the Saregama Employee Stock Option Scheme 2013. The company has enclosed the details as required under SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September 2015 as ‘Annexure A’ for Saregama Employee Stock Option Scheme 2013.
The above information is a part of company’s filings submitted to BSE.