Corporate Announcement
Security Code : 535754    Company : ORIENTCEM    
 
Outcome of Board Meeting 
  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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