Corporate Announcement
Security Code : 539289    Company : AURUM    
 
Granting Of Employee Stock Options (Esops)Download PDF Download XBRL
  Exchange Received Time  02/08/2018 14:13:01         Exchange Disseminated Time   02/08/2018 14:13:05              Time Taken   00:00:04
Kindly note that the Nomination and Remuneration Committee of the Board of Directors of the Company, at its meeting held today i.e. August 2, 2018, granted 15,000 stock options to the eligible employee, at market price of Rs. 460.10/- per option (based on closing market price of the Company''s shares at NSE on August 1, 2018). On exercise of the option, one equity share of face value of Rs. 5/- each will be allotted per option. The options shall vest at the rate of 25% at the end of each year from the date of grant. The first option shall vest only after a period of twelve months from the date of grant. The vested options can be exercised within a period of seven years from the date of vesting.
 

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