Sub: Allotment of shares pursuant to exercise of Stock Appreciation rights (SAR) granted
under Redington Stock Appreciation Right Scheme 2017
We wish to inform you that the SAR Share Allotment Committee of the Directors of the Company has considered and approved the allotment of 59,942 (Fifty-Nine Thousand Nine Hundred and Forty-Two Only) equity shares of INR 2/- each on February 18, 2022, pursuant to exercise of Stock Appreciation Rights granted under Redington Stock Appreciation Right Scheme, 2017 - Plan Series A.
We are enclosing herewith the notification pursuant to Regulation 10 (c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
REGULATION 10(C) - FORMAT OF NOTIFICATION FOR ISSUE OF SHARES
S. No.
PARTICULARS
DETAILS
1.
Company name and address of
Redington (India) Limited
Registered Office
"Centre Point", Plot No. 11 (SP), Thiru Vi Ka
Industrial Estate, Guindy, Chennai 600032
2.
Name of the recognised Stock Exchanges
National Stock Exchange of India Limited and
on which the company's shares are listed
BSE Limited
3.
Filing date of the statement referred in
February 20, 2018
regulation 10(b) of the SEBI (Share Based
Employee Benefits and Sweat Equity)
Regulations, 2021 with the recognised
Stock Exchange
4.
Filing Number, if any
•
NSE: NSE/LIST/15284
•
BSE: DCS/IPO/AJ/ESOP-IP/2695/2017-18
5.
Title of the Scheme pursuant to which
Redington Stock Appreciation Right Scheme,
shares are issued, if any
2017
6.
Kind of security to be listed
Equity Shares
7.
Par value of the shares
INR 2/- per equity share
8.
Date of issue of shares
February 18, 2022
9.
Number of shares issued
59,942 equity shares
10.
Share Certificate No., if applicable
NA
11.
Distinctive number of the share, if
79,25,16,640 to 79,25,76,581 (both inclusive)
applicable
12.
ISIN Number of the shares if issued in
INE891D01026
Demat
13.
Exercise price per share
INR 2/- per equity share
14.
Premium per share
Employees were issued equity shares at face
value and premium amount on the shares
allotted is borne by the Company out of reserves
created for Stock Appreciation Rights. No
premium amount is payable by the employees.
15.
Total Issued shares after this issue
78,14,56,581 Equity Shares
16.
Total Issued share capital after this issue
INR 1,56,29,13,162 /-
17.
Details of any lock-in on the shares
NA
18.
Date of expiry of lock-in
NA
19.
Whether shares identical in all respects to
Shares allotted shall rank pari passu with
existing shares if not, when will they become
the existing Equity Shares of the Company
identical?
20.
Details of listing fees, if payable
NA
MUTHUKUMARAS Digitally signed by
AMY
MUTHUKUMARASAMY
MUTHUKRISHNAN
MUTHUKRISHNAN Date: 2022.02.19 16:19:28 +05'30'
Muthukumarasamy Company Secretary
Date: February 19, 2022
Place: Chennai
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Redington (India) Limited published this content on 20 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 February 2022 10:50:04 UTC.
Redington Limited is an India-based technology solution provider company. The Company is engaged in the business of distribution of information technology, mobility, and other technology products besides supply chain solutions. The Company provides information technology solutions across cloud, technology, digital printing, and solar. Further, it is engaged in offering technology services, logistics services, business process solutions, and financial services. The principal activity of the Company is wholesale distribution of machinery, equipment, and supplies (Wholesale of computers, computer peripheral equipment, software, electronic and telecommunications equipment and parts). Its solution offerings include hyperconverged infrastructure, enterprise storage, storage visualization, fault tolerant solutions, and software-defined storage. It has a footprint in approximately 38 markets with over 290 international brand associations. The Company operates approximately 70 sales locations.