CIPLA LTD. - Outcome of Nomination and Remuneration Committee Meeting
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| 09 Feb 2016 | |
| Cipla Ltd has informed BSE that Nomination and Remuneration Committee of the Company at its meeting held on February 09, 2016 has approved the grant of 11,408 Stock Options to employees of the Company and its subsidiary companies, in terms of Employee Stock Option Scheme 2013-A ("ESOS 2013-A"). The said Options carry the right to apply for equal number of equity shares of the Company of face value of Rs. 2/- each. The terms of grant inter-alia are as under:<BR><BR>1. Vesting: The Options would vest not earlier than 1 year and not later than 2 years from the date of grant of Options<BR><BR>2. Exercise period: 5 years from the date of vesting of Options<BR><BR>3. Exercise price per option: Rs. 2/-. | |
| View all announcements for CIPLA LTD. | Source: BSE India |
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