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Exchange Disseminated Time | Orient Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2015, inter alia, has:
1. Approved amending the period of contract signed with the Managing Director & CEO with regard to his re-appointment from 3 years to 5 years w.e.f. April 01, 2015.
2. Approved, subject to the approval of the shareholders, creating, offering, issuing and alloting stock options not exceeding 3000000 into equivalent equity shares of Rupee 1 each to the eligible employees as determined by the Nomination & Remuneration Committee under Company's Employees Stock Option Scheme. |
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