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S&P
BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
532374
Company
STERLITE TECHNOLOGIES LTD.
Exchange Disseminated Time
Grant under Employee Stock Option Scheme |
1/18/2017 4:12:16 PM
Sterlite Technologies Ltd has informed BSE that in terms of the Company's Employees Stock Option Scheme 2010 (ESOP 2010), 150,000 options exercisable into equal number of fully paid-up equity shares of the Company, at an exercise price of Rs.2/- per option, have been granted to eligible employees in the meeting of the Nomination and Remuneration Committee of the Board held on January 18, 2017.
These stock options shall vest over a period of 5 years and shall be capable of being exercised within a period of one year from the date of vesting.
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