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| Exchange Received Time 22/10/2018 15:53:45 Exchange Disseminated Time 22/10/2018 15:53:51 Time Taken 00:00:06 | This is to inform you that as per the Employee Stock Option Scheme-2012 of the Company, the Company has vested 2,27,159 stock options on 10th October 2014. The exercise period for the said options was a maximum of 4 years from the date of the vesting of the options.
Out of the aforesaid stock options 81,452 options have already been lapsed due to resignation/retirement of the employees from time to time. The remaining 1,45,707 options were lapsed on 9th October 2018 due to expiry of the exercise period.
Kindly take the above information on your records.
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