SKS MICROFINANCE LTD. - Grant of Stock Options to eligible employees
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| 18 Aug 2014 | |
| SKS Microfinance Ltd has informed BSE that the Company, on August 16, 2014, has granted 20,82,200 stock options (which would get converted into 20,82,200 equity shares of the Company upon exercise) to eligible employees subject to the terms of the SKS Microfinance - Employee Stock Option Plans of the Company. The main terms relating to the aforesaid grant are given below:<br/><br/>1. Exercise Price: Rs. 264.75 per Share; and<br/><br/>2. Vesting Schedule: Three years vesting schedule - 1st Year - 33%, 2nd Year -33% and 3rd Year -34%. The options granted shall be vested as per the vesting schedule as detailed herein at the end of each year. | |
| View all announcements for SKS MICROFINANCE LTD. | Source: BSE India |
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