FIRSTSOURCE SOLUTIONS LTD. - Grant of Stock Options
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| 14 Nov 2014 | |
| Firstsource Solutions Ltd has informed BSE that Nomination and Remuneration Committee of Board of Directors of the Company has approved grant of 400,000 stock options (each option exercisable into one equity share) to the eligible employees of the Company and its subsidiaries at an exercise price of Rs. 40.35 per share under Employee Stock Option Scheme of the Company.<br/><br/>The terms of the Options granted under ESOS 2003 are briefly given below:<br/><br/>1. Vesting Schedule/ Vesting Period: The Options granted shall vest over a period of 4 years with 25% of Options granted vesting at the end of 12 months from the date of grant and thereafter 12.5% each of Options shall vest at the end of every 6 months.<br/><br/>2. Exercise Period: Exercise Period is 10 years from the date of grant of Options. | |
| View all announcements for FIRSTSOURCE SOLUTIONS LTD. | Source: BSE India |
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