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BS LTD. - Grant of Employee Stock Options under ESOP 2011
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28 Mar 2016
BS Ltd has informed BSE that the Nomination and Remuneration Committee, vide its Resolution dated March 28, 2016, has granted 200,000 Employee Stock Options (Convertible into 200,000 Equity Shares of the Company upon exercise), subject to the terms of the ESOP 2011 of the Company. The main terms relating to the aforesaid grant are as under:&lt;BR&gt;&lt;BR&gt;1. Vesting Period: One year from the date of Grant.&lt;BR&gt;&lt;BR&gt;2. Exercise Price: Rs. 13.25 per Equity Share of Re. 1/- each; and&lt;BR&gt;&lt;BR&gt;3. Exercise Period: Two years from the date of vesting.
View all announcements for BS LTD. Source: BSE India