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BSE SENSEX
73,088.33
+599.34
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Corporate Announcement
Security Code
501455
Company
GREAVES COTTON LTD.
Exchange Received Time
27/04/2020 12:12:00
Exchange Disseminated Time
27/04/2020 12:12:06
Time Taken
00:00:06
Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 |
4/27/2020 12:12:02 PM
This is further to our intimation dated 22nd April, 2020, we wish to inform you that the Board of Directors of the Company at their meeting held today, i.e. 27th April, 2020 has inter-alia considered and approved the Employee Stock Option Scheme - 2020, formulated with the authority to create and grant from time to time, in one or more tranches, up to a maximum of 2% of the paid up share capital of the Company having face value of Rs. 2 each to the eligible employees of the Company, its holding and subsidiary companies as may be decided by the Nomination and Remuneration Committee in terms of SEBI (Share Based Employee Benefits) Regulations, 2014 subject to the approval of the shareholders of the Company.
The meeting of the Board of Directors commenced at 8:30 am and concluded at 12:00 pm.
Kindly take the same on record.
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