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BSE SENSEX
74,339.44
+486.50
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Corporate Announcement
Security Code
532531
Company
Strides Pharma Science Ltd
Exchange Received Time
25/10/2019 12:32:01
Exchange Disseminated Time
25/10/2019 12:32:03
Time Taken
00:00:02
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
10/25/2019 12:32:02 PM
Pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held today i.e., October 25, 2019 has granted 25,000 stock options to an eligible employee of the Company under the Strides ESOP 2016 Plan at Rs. 257.65 per option (exercise price). The shares covered by such options are 25,000 equity shares.
The vesting period of these options is in a phased manner over a period of 3 years. The options are exercisable within a period of 12 months (exercisable in not more than two tranches) from the date of vesting.
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