BAJAJ ELECTRICALS LTD. - Grant Of 4,12,500 Stock Options Under The Company'S Employee Stock Option Scheme 2015
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| 12 Nov 2021 | |
| The Nomination and Remuneration Committee of the Board of Directors of Bajaj Electricals Limited (the 'Company'), at its Meeting held today i.e. November 12, 2021, has approved the grant of total 4,12,500 Stock Options under the Company's ESOP Scheme 2015 to 143 eligible employees at a price of Rs.1,108.95 per option being the closing market price of the Company's equity share on the National Stock Exchange of India Limited, where the traded volume in the Company's shares was higher on November 11, 2021, i.e. the date previous to the date of the Committee Meeting. The Stock Options granted are within the Plan Size of 30,27,073 Stock Options as available under the ESOP Scheme 2015.<BR> <BR> These options will vest in favour of the grantees over a period of 4 years from the date of grant i.e. November 12, 2021. | |
| View all announcements for BAJAJ ELECTRICALS LTD. | Source: BSE India |
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