Sequent Scientific Ltd Grants 345000 Employee Stock Options under SSL ESOP Scheme - 2010

The Nomination and Remuneration Committee of the Board of Directors of Sequent Scientific Ltd has granted 345,000 stock options to the employees of the Company.

These options are to be vested over a period of 4 years @ 25% per year and the exercise price per option will be Rs. 87/-.

These options are convertible into equivalent number of equity shares of the Company having face value of Rs. 2 each.

Shares of SEQUENT SCIENTIFIC LTD. was last trading in BSE at Rs.148.9 as compared to the previous close of Rs. 148.1. The total number of shares traded during the day was 34963 in over 665 trades.

The stock hit an intraday high of Rs. 150.5 and intraday low of 148. The net turnover during the day was Rs. 5225638.

Source : Equity Bulls

Keywords