Jagsonpal Pharmaceuticals : ESOP/ESPS/SBEB Scheme

JAGSONPAL PHARMACEUTICALS LIMITED

Regd. Office. T-210 J, Shahpur Jat, New Delhi - 110 049 (INDIA)

Phone: [phone]

Email:[e-mail];Website: www.jagsonpal.com

CIN No. L74899DL1978PLC009181

August 29, 2022

The Manager		The Manager
Listing Agreement		Listing Agreement
The National Stock Exchange of India Ltd.		The BSE Limited
Exchange Plaza,		Pherojbhoy Jeejeebhoy Tower
Bandra-Kurla Complex		Dalal Street,
Bandra (E), Mumbai - 400 051.		Mumbai - 400 001.
CM Quote: JAGSNPHARM		SCRIP Code: 507789
Subject: Intimation of grant of Employee Stock Options

Dear Sir/Madam,

We wish to inform you that the Nomination and Remuneration Committee today approved the grant of 4,70,000 employee stock options under Jagsonpal Pharmaceuticals Limited Employees Stock Option Plan, 2022 at an exercise price of Rs. 235/- (Rupees Two Hundred Thirty Five Only) per option.

The said options, which are convertible into equivalent number of equity shares of face value of Rs. 5/- each, will vest in 4 equal annual tranches commencing from the first anniversary of the grant.

We request you to kindly take the same on record.

Thanks & Regards,

For JAGSONPAL PHARMACEUTICALS LIMITED

Nandita Singh

Company Secretary & Compliance Officer