Radico Khaitan : ESOP/ESPS/SBEB Scheme

RKL/SX/2021-22/95

March 08, 2022

Bombay Stock Exchange Ltd.	National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers	Exchange Plaza, 5th Floor
Dalal Street	Plot no. C/1, G Block
Mumbai - 400 001.	Bandra-Kurla Complex, Bandra (E)
	Mumbai - 400 051.
Scrip Code: 532497	Scrip Code: RADICO
Dear Sir/ Madam,

Subject: Intimation under regulation 30 of the Securities and Exchange Board of India (Listing Obligations & disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ESOP Compensation Committee of the Company has, at its meeting held today i.e. March 08, 2022, granted 40,000 stock options to the eligible employee(s) of the Company under Employees Stock Options Scheme, 2006. The brief details of the stock options granted as necessitated vide SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015 is enclosed as Annexure 1.

Request you to kindly take the above on record.

Thanking you,

Yours faithfully,

For Radico Khaitan Limited

DINESH KUMAR GUPTA

Digitally signed by DINESH KUMAR GUPTA

Date: 2022.03.08 15:56:07 +05'30'

(Dinesh Kumar Gupta)

VP - Legal & Company Secretary

Email Id: [e-mail]

Radico Khaitan Limited

Plot No. J-l, Block B-1, Mohan Co-op. Industrial area

Mathura Road, New Delhi-110044

Ph: (91-11) 4097 5444/555 Fax: [phone]

Registered Office: Bareilly Road, Rampur-4490l (UP.)

Phones: 0595-2350601/2, 2351703 Fax: [phone]

E-mail: [e-mail], website: www.radicokhaitan.com

CIN No-L26941UP1983PLC027276

		ANNEXURE -1
Sr. No.	Particulars	ESOP Scheme 2006
1	Brief details of options granted	Grant of 40,000 Employees' Stock
		Options on March 08, 2022
2	Whether the scheme is in terms of SEBI	Yes
	(SBEB) Regulations, 2014 (if applicable)
3	Total number of shares covered by these	40,000 equity shares of face value of
	options	Rs.2/- each.
		(Each stock option confers upon the
		option holder the right to subscribe for 1
		(one) fully paid equity share of the
		Company).
4	Pricing formula/ Exercise price	Rs.723.14
		ESOP are granted at a 15% discount to the
		latest available closing price i.e. price as
		on March 07, 2022, quoted on the National
		Stock Exchange of India Limited
5	Options vested/Vesting schedule	ESOPs shall vest to employees as under-
		For employees, who has completed one
		year of service with the Company on grant
		date -
		∙ 33% upon first year of grant date and
		balance equally over next 3 years.
		For employees, who has not completed
		once year of service with the Company on
		grant date -
		∙ 25% each year over next 4 years.
6	Time within which options may be exercised	3 years from the vesting date
	(Exercise Period)
7	Option exercised	Not Applicable
8	Money realized by exercise of options	Not Applicable
9	The total no. of shares arising as a result of	Not Applicable
	exercise of option
10	Options lapsed	Not Applicable
11	Variations of terms of options	Not Applicable

12	Brief details of significant terms	Vesting of Options is subject to a
		minimum vesting period of one year and
		maximum vesting period of 4 years from
		the date of grant as per Employees Stock
		Options Scheme 2006.
13	Subsequent changes or cancellation or	Not Applicable
	exercise of such options
14	Diluted earnings per share pursuant to issue	Not Applicable
	of equity shares on exercise of options