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Saregama India informs about grant of stock options

24 Dec 2022 Evaluate

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.



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