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| Exchange Received Time 27/07/2017 15:45:48 Exchange Disseminated Time 27/07/2017 15:45:53 Time Taken 00:00:05 | The Nomination and Remuneration Committee of the Company at its meeting held on July 27, 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 XIX:
S. No. Particulars
Details
1 Date of Grant:July 27, 2017
2 Number of Options granted:2,80,000 Options
3 Price:Rs. 88.85 (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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