KPIT Technologies Limited - Outcome of HR & Compensation (Nomination & Remuneration) Committee Meeting
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| 20 Jan 2016 | |
| KPIT Technologies Ltd has informed BSE that the HR & Compensation (Nomination & Remuneration) Committee of the Board of Directors of the Company, at its meeting held on January 19, 2016, has approved the grant of 50,000 options under the Employees Stock Option Scheme 2014, at an exercise price of Rs. 2/- per share 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>2. The options shall be exercisable within a period of 5 years after the date of vesting.<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 |
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