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| Exchange Received Time 03/10/2018 12:12:57 Exchange Disseminated Time 03/10/2018 12:13:04 Time Taken 00:00:07 | Madam / Dear Sir,
Sub: Grant of Options to Employees of the Bank under the Employee Stock Option Scheme 2007
In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform that the Bank has, on September 28, 2018, granted 1,09,000 Options to 14 Bank's employees, exercisable into 1,09,000 shares of Face Value of Rs.10 each.
The applicable Close Price was Rs.1,682.00 (NSE) on Thursday, September 27, 2018.
The aforesaid grant of Options is in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 and the ESOP Scheme 2007 of the Bank.
The information is being hosted on the Bank''s website at www.indusind.com.
We request you to take the above information on record.
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