DABUR INDIA LTD. - Cancellation and Grant of Stock Options to employees of the Company<BR>

Dabur India Ltd has informed BSE that the Nomination and Remuneration Committee of the company by passing a resolution by circulation has resolved as under:-<BR><BR>1. Granted 1,44,000 fresh Stock Options under Dabur Employees Stock Option Scheme 2000 to the eligible employees of the Company with the following terms & conditions:-<BR><BR>a. The above options have vesting period of 1 to 4 years.<BR>b. The said options shall be exercisable within a period of 3 years after vesting of the same.<BR>c. The said options carry the right to apply for equivalent number of equity shares of the Company.<BR><BR>2. Cancelled 9,36,000 stock options granted earlier under the scheme.