Corporate Announcement
Security Code : 590051    Company : SAKSOFT    
 
Allotment of ESOP / ESPSDownload PDF Download XBRL
  Exchange Received Time  16/10/2017 13:28:12         Exchange Disseminated Time   16/10/2017 13:28:17              Time Taken   00:00:05
We wish to inform the exchange that on recommendations received from the Nomination and Remuneration Committee, the Board of Directors vide circular resolution approved the allotment of 20,000 Equity Shares of the Company pursuant to exercise of options under ESOP 2009 Plan by eligible employees at the grant price fixed on the date of grant being 03rd December, 2010 and 8th July, 2014 respectively.

We will be initiating steps to file the requisite documents with the Stock Exchange in the format prescribed towards listing of 20,000 equity shares pursuant to above allotment under ESOP 2009 Plan.
 

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