Shri Dinesh Mills Ltd has informed BSE that the, Nomination, Remuneration & Compensation Committee of the Company at its meeting held on February 21, 2017, inter alia, has granted 54000 Options to the employees under Shri Dinesh Mills Ltd. - Employees Stock Option Scheme, 2016 (ESOP-2016) at an exercise price of Rs. 10/- each. One option is equal to one equity share.<BR><BR>The Options shall vest pursuant to ESOP - 2016 as per the details given hereunder:<BR><BR>1. 30% of the Options granted will be vested on 20th February, 2018,<BR><BR>2. 30% of the Options granted will be vested on 20th February, 2019 and<BR><BR>3. The balance 40% of the Options granted will be vested on 20th February, 2020<BR><BR>The options granted hereinabove are exercisable within period of three months from the date of vesting.
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