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| Exchange Disseminated Time 02/08/2016 18:16:36 | Alicon Castalloy Ltd has informed BSE that the Board of Directors in their meeting held on August 02, 2016 has granted 4,65,333 (Four Lakh Sixty Five Thousand Three Hundred and Thirty Three) options to the employees under ESOP scheme approved by the shareholders in the 25th Annual General Meeting held on December 30, 2015.
The said grant of option is based on recommendation of Nomination and Remuneration Committee of the Company. Each granted option entitled the employee to an allotment of 1 (one) equity share. |
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