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| Exchange Disseminated Time | Emkay Global Financial Services Ltd has informed BSE that Remuneration /Compensation Committee of the Board in it meeting held on May 04, 2010 have transacted the following business:
1. Granted 1,00,000 stock options representing equivalent number of equity shares of Rs. 10/- each at the price of Rs. 93/- per option, to the employee(s) of the Company under Employee Stock Option Plan 2007 (ESOP-2007). These stock options shall vest in the following manner.
April 01, 2013 - 30%
April 01, 2014 - 30%
April 01, 2015 - 40%
The exercise period for the options shall be 3 (Three) years from the date of vesting.
2. Allotted 45,500 equity shares of Rs. 10 each under ESOP-2005 and 30,900 equity shares of Rs. 10 each under ESOP-2007 to the eligible employees of the Company. Therefore, the Issued and Paid-up Equity Shares Capital of the Company has increased from 2,43,20,800 equity shares to 2,43,97,200 equity shares. |
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