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IIFL Wealth Management Ltd - GRANT OF EMPLOYEE STOCK OPTIONS UNDER THE EMPLOYEE STOCK OPTION SCHEME 2019
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23 Oct 2020
Dear Sir(s)/Madam(s),&lt;BR&gt; Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Nomination and Remuneration Committee of Board of Directors of the Company at its meeting held on 23rd October, 2020, approved the grant of 81,530 stock options at price determined as per the ESOP Scheme of the Company, to the identified employee(s) under the Employee Stock Option Scheme 2019 of the Company, each Option being convertible into one Fully Paid-up Equity Share upon vesting.&lt;BR&gt; &lt;BR&gt; The Scheme is in terms of SEBI (SBEB) Regulations, 2014 and the options shall be exercisable within a period of 7 years from the date of grant.&lt;BR&gt; &lt;BR&gt; Kindly take the same on record and oblige.
View all announcements for IIFL Wealth Management Ltd Source: BSE India

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