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TANLA SOLUTIONS LTD. - Outcome of Nomination and Remuneration Committee Meeting
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13 Aug 2015
Tanla Solutions Ltd has informed BSE that the Nomination and Remuneration Committee of the Board in its meeting on August 13, 2015, passed a resolution to cancel the ESOP Scheme 2008 and the underlying ESOP Pool of 5,000,000 Options. Pursuant to the said resolution, 41,75,000 Options which were granted to the eligible permanent employees of the Company on October 16, 2009 at an exercise price of Rs. 52.76 per Option, at a discount of 20% from the then prevailing latest closing market price of an equity share of the Company, stands lapsed, as these options were not exercised.
View all announcements for TANLA SOLUTIONS LTD. Source: BSE India