Radico Khaitan : Intimation for Grant of ESOP

RKL/SX/2023-24/23

June 08, 2023

BSE 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 and subject to the provisions of the SEBI (Share-Based Employee Benefits & Sweat Equity) Regulations, 2021, we wish to inform you that Nomination, Remuneration and Compensation Committee of the Company have, on June 07, 2023, approved the grant of 2,15,000 Stock Options to the eligible employees of the Company under the Employee Stock Option Scheme, 2006. The brief details of the Stock Options granted as necessitated vide SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed as Annexure I.

We request you to kindly take the above in your records.

Thanking you,

Yours faithfully,

For Radico Khaitan Limited

(Dinesh Kumar Gupta)

Vice President - 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: Rampur Distillery, Bareilly Road, Rampur-4490l (UP.)

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

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

CIN No-L26941UP1983PLC027278

		Annexure -I
Sr.	Particulars	Details
No.
1	Brief details of options granted	2,15,000 Stock Options on June 07,
		2023

• Whether the scheme is in terms of SEBI Yes Regulations, 2021 (if applicable)

3	Total number of shares covered by these options	2,15,000 Equity Shares
		(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. 1,015.37
		ESOP are granted at a 15% discount to
		the closing price i.e. price as on June 07,
		2023, 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	Lock in Period	Not Applicable
7	Time within which options may be exercised	3 years from the vesting date
	(Exercise Period)

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

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

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

CIN No-L26941UP1983PLC027278