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| Exchange Received Time 03/11/2017 21:04:12 Exchange Disseminated Time 03/11/2017 21:04:18 Time Taken 00:00:06 | | We wish to inform that the Board constituted Compensation Committee of the Company at its meeting held today i.e. November 3, 2017, has granted an aggregate of 45,66,600 (Forty Five Lakhs Sixty Six Thousand Six Hundred) Stock Options under the Company's Employee Stock Option Scheme, representing an equal number of equity shares of face value of Rs. 2/- each in the Company, at an exercise price of Rs. 105.20, being the closing market price on the BSE Limited, as on November 2, 2017. The Stock Options so granted, shall vest within five years beginning from November 3, 2018, the first vesting date. The options vested under each of the slabs, can be exercised within a period of five years from the relevant vesting date. |
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