Havells India Ltd has informed BSE that the Company in terms of the "Part B - Havells Employees Stock Purchase Plan 2014" of the Havells Employees Long Term Incentive Plan 2014 ("LTIP 2014"), which is administered by Havells Employees Welfare Trust (EW Trust), has granted 77,032 Shares on July 15, 2014 to the eligible employees. The details are as follows:<br/><br/>1. No. of Shares Granted - 77,032 Shares<br/><br/>2. Exercise period - 30 days from the date of grant of shares.<br/><br/>The other terms and conditions of the Shares Grant are as per LTIP 2014 formulated in accordance with the SEBI (ESOS and ESPS) Guidelines, 1999.
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