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| Exchange Received Time 23/06/2017 16:13:04 Exchange Disseminated Time 23/06/2017 16:13:06 Time Taken 00:00:02 | The Nomination and Remuneration Committee of the Company at its meeting held on June 23, 2017 has made one grant of stock options to the eligible employees covered under NIIT Employee Stock Option Plan 2005 (ESOP-2005). The details of the stock options granted are as follows:
Grant XVIII:
S. No. Particulars
Details
1 Date of Grant : June 23, 2017
2 Number of Options granted : 11,80,000 Options
3 Price : Rs. 92.55 (at closing market price at NSE on the previous day)
4 Vesting Terms : Three equal vests at the end of First, Second and Third Year from the date of Grant
5 Exercise period : Five years from the date of each vest
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