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| Exchange Received Time 09/08/2018 20:21:08 Exchange Disseminated Time 09/08/2018 20:21:10 Time Taken 00:00:02 | | We wish to inform that the Board constituted Compensation Committee of the Company at its meeting held today i.e. August 9, 2018, has granted an aggregate of 10,00,000 (Ten Lac) 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. 489.35, being the closing market price on the National Stock Exchange of India Limited, as on August 8, 2018. The Stock Options so granted, shall vest within five years beginning from August 10, 2019, 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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