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| Exchange Received Time 02/11/2018 18:59:55 Exchange Disseminated Time 02/11/2018 18:59:59 Time Taken 00:00:04 | Grant of further Stock Options and Allotment of Equity Shares under the Company's ESOP Scheme, 2012
This is to inform that pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015 and subject to any other SEBI Regulations, the Nomination & Remuneration Committee vide its resolutions dated November 2, 2018 has approved:
The granting of 3426 (Three Thousand Four Hundred Twenty Six only) Stock Options to eligible employees of the Company under the ESOP Scheme, 2012. In terms of the above scheme, one Stock Option represents one equity share of the Company.
The Exercise Price shall be Rs. 2286/- (Two Thousand Two Hundred Eighty Six only) per Option. The equity shares against the Options vested in the eligible employees shall be allotted on payment of the Exercise Price.
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