KPIT Technologies Limited - Outcome of the HR and Compensation (Nomination and Remuneration) Committee Meeting
| < Back | |
| 21 Oct 2014 | |
| KPIT Technologies Ltd has informed BSE that the HR and Compensation (Nomination and Remuneration) Committee of the Board of Directors of the Company, at its meeting held on October 20, 2014, has approved the grant of 5,000 options under the Employees Stock Option Scheme 2006, at an exercise price of Rs. 157.35 per share (being the closing price of the shares of the Company on the National Stock Exchange of India Ltd on the previous trading day) to the employee(s) of the Company on the following terms:-<br/><br/>1. The options shall vest over a period of 1 to 3 years from the date of grant.<br/><br/>2. The options shall be exercisable within a period of 3 years after the date of vesting.<br/><br/>3. Each option shall carry the right to be issued one equity share of the Company. | |
| View all announcements for KPIT Technologies Limited | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback