ESSAR PORTS LTD. - Grant of Stock Options
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| 23 Jan 2014 | |
| Essar Ports Ltd has informed BSE that the Nomination and Remuneration Committee of the Board at its meeting held on January 22, 2014 has approved grant of 12,92,746 Stock Options (convertible into equivalent number of equity shares of Rs.10/- each of the Company) to Eligible Employees including Wholetime Directors of the Company and its subsidiaries (the "Eligible Employees), pursuant to the Essar Ports Employees Stock Option Scheme - 2011.<br/><br/>These Stock Options have been granted at an Exercise Price of Rs. 57.75 per equity share of Rs. 10/- each (i.e. the closing price of the equity shares of the Company on January 21, 2014 on the National Stock Exchange Limited, which had the highest quantity of trading in the Companys shares as on that day). | |
| View all announcements for ESSAR PORTS LTD. | Source: BSE India |
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