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Exchange Received Time  22/05/2018 17:24:54 Exchange Disseminated Time 22/05/2018 17:24:57 Time Taken 00:00:03 | This is to inform that the following stock options under the 'The Igarashi Motors Employees Stock Option Scheme 2017' granted to certain Key Managerial Personal and other eligible employees by the Nomination and Remuneration Committee. The date of grant of these stock options is May 22, 2018 and the exercise price will be Rs. 650/- per share. Particulars of stock options granted are as follows: Grantee No. of options granted Data of grant Vesting schedule Mr. R Chandrasekaran, CFO (KMP) 25,000 May 22, 2018 Over a period of two years Mr. P Dinakara Babu, Company Secretary (KMP) 9,000 May 22, 2018 Over a period of two years Other Eligible Employees 4,73,600 May 22, 2018 Over a period of two years Total 5,07,600 This is for your kind information and records. |
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