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BAJAJ ELECTRICALS LTD. - Outcome of Nomination and Remuneration Committee Meeting
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13 Nov 2014
Bajaj Electricals Ltd has informed BSE that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on November 13, 2014, has granted 1,25,000 Stock Options under ESOP 2011 from the available Stock Options to 6 eligible employees, at a price of Rs. 276.75 per option, being the closing price on NSE where the traded volume was high on a day preceding to the date of the Meeting. These options will vest in the employees over a period of 4 years from the date of grant as per ESOP Scheme 2011.&lt;br/&gt;&lt;br/&gt;The Stock Options granted so far, including the current grant, are within the Plan size of 34,82,120 Stock Options under ESOP 2011.
View all announcements for BAJAJ ELECTRICALS LTD. Source: BSE India