rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
SHRI DINESH MILLS LTD. - Grant of Options
Download announcement < Back
21 Feb 2017
Shri Dinesh Mills Ltd has informed BSE that the, Nomination, Remuneration &amp; 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.&lt;BR&gt;&lt;BR&gt;The Options shall vest pursuant to ESOP - 2016 as per the details given hereunder:&lt;BR&gt;&lt;BR&gt;1. 30% of the Options granted will be vested on 20th February, 2018,&lt;BR&gt;&lt;BR&gt;2. 30% of the Options granted will be vested on 20th February, 2019 and&lt;BR&gt;&lt;BR&gt;3. The balance 40% of the Options granted will be vested on 20th February, 2020&lt;BR&gt;&lt;BR&gt;The options granted hereinabove are exercisable within period of three months from the date of vesting.
View all announcements for SHRI DINESH MILLS LTD. Source: BSE India