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BSE SENSEX
73,852.94
+114.49
+0.16 %
Corporate Announcement
Security Code
500477
Company
ASHOK LEYLAND LTD.
Exchange Received Time
14/11/2018 18:35:53
Exchange Disseminated Time
14/11/2018 18:35:58
Time Taken
00:00:05
Formulation Of Ashok Leyland Employees Stock Option Plan 2018 |
11/14/2018 6:35:54 PM
This is to inform you that at the meeting held on November 13, 2018, the Board of Directors of the Company, has subject to the approval of the shareholders, approved the formulation of Ashok Leyland Employees Stock Option Plan 2018 (AL ESOP 2018). The stock options that may be granted to eligible employees of the Company is proposed to not to exceed 5,00,00,000 stock options convertible into equal number of equity shares of Re.1/- each, fully paid upon exercise of vested options.
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