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| ESOP(EMPLOYEE STOCK OPTION PLAN) |
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| With a motive of encouraging employees to align individual performance with company objectives, to create share market value, we strive to align employee interest with those of the organization. Therefore employees are rewarded with the company ownership in proportion to their contribution based on their performance.
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| To fulfill this, an ESOP trust has been formed by name of 'Manipal AcuNova Employees Welfare Trust'.
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| The Trust is operated as per ESOP Plan 2005 & governed by an independent Compensation
Committee.
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| SHAREHOLDING AND CAPITAL STRUCTURE |
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| The Company has mobilized $10.0 Million through equity and Debt. The promoter group comprise of MEMG International India Private Limited and Acunova Life Sciences Private Limited. The
Venture Capital Investments is represented by ILFS Investment Managers Limited through
Leverage - India fund. |