Corporate Announcement
Security Code : 532843    Company : FORTIS    
 
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  Exchange Received Time  05/08/2017 09:17:20         Exchange Disseminated Time   05/08/2017 09:17:25              Time Taken   00:00:05
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 and SEBI (Share Based Employee Benefits) Regulations), 2014, we would like to inform you that in terms of 'Employee Stock Option Scheme - 2011', the Nomination & Remuneration Committee of the Company had at its meeting held on August 4, 2017, approved grant of 25,00,000 (Twenty Five Lac) Stock Options at an Exercise Price of Rs. 163.30/-

The exercise of the Options is subject to necessary regulatory and statutory approvals.

This is for your information and records please.
 

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