Lupin Ltd Grants 6573 Options

Lupin Ltd has granted 6573 options on June 09, 2016, to its employees under "Lupin Employees Stock Option Plan 2014"(ESOP 2014), at the exercise price of Rs. 2.00 each.

Further the Company has informed that, one equity share of the face value of Rs. 2.00 each is covered by each option. The options shall be vested in a phased manner after a minimum period of 12 months from the date of grant and are exercisable before the exercise period of 10 years from the date of grant.

Shares of LUPIN LTD. was last trading in BSE at Rs.1437.1 as compared to the previous close of Rs. 1427.95. The total number of shares traded during the day was 112694 in over 5249 trades.

The stock hit an intraday high of Rs. 1453.9 and intraday low of 1424.2. The net turnover during the day was Rs. 162429156.

Source : Equity Bulls

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