Cupid Limited - Reply to Clarification Sought

11 Aug 2022 , 12:00 AM

The Exchange had sought clarification from Cupid Limited with respect to announcement dated 09-08-2022 regarding Outcome of Board Meeting.On the basis of aforesaid disclosure, the Listed entity was required to clarify the following:Options to purchase securities (including any Share Based Employee Benefit (SBEB) Scheme) at the time of instituting the scheme and vesting or exercise of options1. Whether the scheme is in terms of SEBI (SBEB) Regulations, 2014 (if applicable);2. Total number of shares covered by these options;3. Pricing formula;4. Brief details of options granted5. Options vested;6. Time within which option may be exercised;7. Options exercised;8. Money realized by exercise of options;9. The total number of shares arising as a result of exercise of option;10. Options lapsed;11. Variation of terms of options12. Brief details of significant terms;13. Subsequent changes or cancellation or exercise of such options;14. Diluted earnings per share pursuant to issue of equity shares on exercise of options.The response of the company is attached.