Dhani Services Ltd - Grant Of 1,01,00,000 Stock Options Of The Company
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| 01 Apr 2021 | |
| We wish to inform that pursuant to and in terms of Shareholders approval received earlier, the Compensation Committee constituted by the Board of Directors of the Company has, at its meeting held today i.e. April 1, 2021, granted, under the 'Dhani Services Limited Employees Stock Option Scheme(s) ? 2008 & 2009', 1,01,00,000 (One Crore One Lakh) Stock Options representing an equal number of fully paid-up equity shares of face value of Rs. 2/- each in the Company, at an exercise price of Rs. 150/-. In compliance with SEBI ESOP Regulations, 2014, the Promoter Director shall not be eligible to participate in such grant of Stock Options. The Stock Options, so granted, shall vest within 5 years beginning from April 2, 2022, the first vesting date. The options vested under each of the slabs, can be exercised within a period of five years from the relevant vesting date. | |
| View all announcements for Dhani Services Ltd | Source: BSE India |
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