SHOPPERS STOP LTD. - Grant Of Employee Stock Options Under Employee Stock Option Scheme - 2020 (ESOP 2020)

The Nomination, Remuneration and Corporate Governance Committee at meeting held today i.e. on January 15, 2021, has granted 345,114 Employee Stock Options (ESOPs) at a grant price of Rs.192 per stock option to eligible employees of the Company in terms of ESOP 2020. Each stock option is equivalent to one equity share of Rs.5 each, under ESOP 2020.