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LUPIN LTD. - Grant of Options under Employees Stock Option Plan (ESOP)
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24 Nov 2014
Lupin Ltd has informed BSE that the Company has granted 26700 options to the employees of its Subsidiary Companies, under &quot;Lupin Subsidiary Companies Employees Stock Option Plan 2011&quot; on November 20, 2014, at the exercise price of Rs. 1449.35.&lt;br/&gt;&lt;br/&gt;Further the Company has informed that, one equity share of Rs. 2/- each is covered by each option. The options issued are exercisable at the &apos;market price&apos; as defined in the SEBI (SBBI) Regulations, 2014, in a phased manner after a minimum vesting period of 12 months but before the exercise period of 10 years from the date of grant.
View all announcements for LUPIN LTD. Source: BSE India