IIFL Wealth Management : Disclosure of other UPSI/material event
November 22, 2022 at 07:16 am EST
Share
November 22, 2022
The Manager,
The Manager,
Listing Department,
Listing Department,
BSE Limited,
The National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower,
Exchange Plaza, 5 Floor, Plot C/1, G Block,
Dalal Street,
Bandra - Kurla Complex, Bandra (E),
Mumbai 400 001.
Mumbai 400 051.
BSE Scrip Code: 542772
NSE Symbol: IIFLWAM
Subject: Intimation for Grant of Employee Stock Options (ESOPs)
Dear Sir / Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of resolution passed by circulation on November 21, 2022, has approved the grant of 2,89,481 ESOPs under IIFL Wealth Employee Stock Option Scheme 2022, at an exercise price of Rs. 2/-, to the eligible employees on the even date, with following vesting schedule:
Vesting Schedule
No. of ESOPs granted
4 years (0%: 0%: 50%: 50%)
67,000
4 years (25%: 25%: 25%: 25%)
25,000
3 years (30%: 30%: 40%)
3,000
50% on or after 18 months and balance 50% on or after 36 months
1,94,481
Total
2,89,481
Kindly take the same on record and oblige.
Thanking you.
Yours Truly,
For IIFL Wealth Management Limited
Rohit
Shriniwa
s Bhase
Digitally signed by Rohit Shriniwas Bhase Date: 2022.11.22 16:14:25 +05'30'
Rohit Bhase Company Secretary (ACS: 21409)
IIFL WEALTH MANAGEMENT LIMITED
Corporate & Registered Office: IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013
Tel (91-22) 4876 5600
Fax (91-22) 4646 4706
Email secretarial@iiflw.com www.360.one
CIN: L74140MH2008PLC177884
Attachments
Original Link
Original Document
Permalink
Disclaimer
IIFL Wealth Management Ltd. published this content on 22 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2022 12:15:04 UTC.
360 ONE WAM Limited, formerly IIFL Wealth Management Limited, is an India-based company that is primarily engaged in wealth and asset management services, including financial asset distribution, broking, lending, credit and investment solutions, and asset and portfolio management. The Companyâs segments include Wealth Management and Asset Management. The Wealth Management segment comprises distribution of financial products, advisory, equity and debt broking, estate planning and managing financial products essentially in the nature of advisory. The Wealth Management segment also includes lending and investment activities, which are complementary to wealth management activities and provided to or arise from servicing its clients under wealth management. The Asset management segment generally comprises management of pooled funds under various products and structures, such as mutual funds, alternative asset funds, portfolio management and related activities.