TVS ELECTRONICS LTD. - Grant of stock options under ESOP Scheme 2011

TVS Electronics Ltd has informed BSE that the Nomination and Remuneration Committee of the Company, in accordance with the terms of the Employees Stock Option Scheme, 2011 (ESOP Scheme 2011) have granted 3,00,000 stock options convertible into equal number of Equity Shares of the face value of Rs.10/- each to an employee of the Company, subject to the criteria to be determined by the Nomination and Remuneration Committee of the Company.