Subex Ltd Cancels 9012 Employee Stock Options

The ESOPs Committee of the Board of Directors of Subex Ltd on April 14, 2016 has cancelled 9,012 ESOPs for the quarter of January - March 2016 in accordance with the terms and conditions under the Employee Stock Option Plans of the Company - ESOP 2005, ESOP 2008 and the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014.

Shares of SUBEX LTD. was last trading in BSE at Rs.10.32 as compared to the previous close of Rs. 10.51. The total number of shares traded during the day was 1446671 in over 1554 trades.

The stock hit an intraday high of Rs. 10.84 and intraday low of 10.24. The net turnover during the day was Rs. 15295777.

Source : Equity Bulls

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