Corporate Announcement
Security Code : 570004    Company : JISLDVREQS    
 
ESOP Exercise Price for 29,46,075 live Options 
  Exchange Disseminated Time     
Jain Irrigation Systems Ltd_DVR has informed BSE that Compensation Committee and Board of Directors have, inter alia, considered the amendments to ESOP 2005 approved by Shareholders in last Annual General Meeting held on September 27, 2013 and have decided to fix the Exercise Price for all live Options under ESOP 2005 (i.e. 29,46,075 Options) to Rs. 60.45 per Share irrespective of earlier fixed Exercise Price for Lot 1 to 4 of ESOP 2005 and have decided to form a ESOP Sub Committee to approve, issue and allot Equity Shares on exercise of Options by employee associates.
 

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