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| Exchange Received Time 26/04/2017 17:44:39 Exchange Disseminated Time 26/04/2017 17:44:42 Time Taken 00:00:03 | | We wish to inform you that the Nomination & Remuneration (HR) Committee of the Board of Directors of the Company, at its meeting held on April 25, 2017, has approved the grant of 150,000 options under the Employees Stock Option Scheme 2015, at an exercise price of Rs. 131.20/- per share to the employee(s) of the Company on the following terms:- 1) The options shall vest over a period of 1 to 3 years from the date of grant. 2) The options shall be exercisable within a period of 5 years after the date of vesting. 3) Each option shall carry the right to be issued one equity share of the Company. Kindly take the same on your records. |
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