Corporate Announcement
Security Code : 500074    Company : BPL    
 
BPL - Outcome of Board Meeting 
  Exchange Disseminated Time     
BPL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 25, 2009, had approved a proposal for introduction of Employee Stock Option Scheme (ESOP) to its employees in the grade of Senior Managers & above and independent Directors of the Company and also to the employees of its subsidiary Companies, subject to the approval of Members at the forthcoming Annual General Meeting and requisite / necessary approvals from the Statutory / Regulatory Bodies / Authorities.

M/s. Karvy Investor Services Ltd has been appointed as Merchant Bankers to the scheme.
 

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