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Borosil informs about grant of stock options under ESOS

28 Oct 2023 Evaluate

Borosil has informed that the Nomination and Remuneration Committee has passed a resolution by circulation on October 27, 2023 (around 09:56 pm), approving grant of 28,000 stock options under ‘Borosil Limited - Employee Stock Option Scheme 2020’ (‘NEW ESOS 2020’). Each stock option, entitles the option holder to apply for one equity share of the Company of Re 1 each. The details as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023 issued by the Securities and Exchange Board of India are given in the Annexure. The intimation is also being uploaded on the Company's website at www.borosil.com.

The above information is a part of company’s filings submitted to BSE.

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