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TANLA SOLUTIONS LTD. - Outcome of Board Meeting
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13 Aug 2015
Tanla Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2015, &lt;BR&gt;inter alia, have decided to issue up to 50,00,000 stock options in one or more tranches in accordance with the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014.&lt;BR&gt;&lt;BR&gt;The said options exercisable into equity shares at a price equal to the Market Price on the date of grant or upto 25% of the discount to the Market Price on the date of grant, as decided by the Nomination and Remuneration Committee, and the Options would be granted to such eligible employees as may be decided by the Nomination and Remuneration Committee.&lt;BR&gt;&lt;BR&gt;The Company will seek approval of shareholders to the aforesaid proposal at the ensuing Annual General Meeting.
View all announcements for TANLA SOLUTIONS LTD. Source: BSE India