Rolta India Ltd Grants 10,50,000 Stock Option under Employee Stock Option Plan

The Nomination & Remuneration Committee of the Board of Directors of Rolta India Ltd at its meeting held on December 09, 2016, has granted 10,50,000 stock options to the eligible employees of the Company, in accordance with the Employee Stock Option Plan (ESOP 2014) approved by the shareholders.

Against each stock option, the eligible employee shall have the right to apply for and get allotted one Equity Share of the face value of Rs. 10/- each at an exercise price of Rs. 10/- (Rupees Ten) per equity share. The vesting period and conditions for the said options is as stated in ESOP 2014.

Shares of ROLTA INDIA LTD. was last trading in BSE at Rs.54.65 as compared to the previous close of Rs. 52.75. The total number of shares traded during the day was 712665 in over 9288 trades.

The stock hit an intraday high of Rs. 57.7 and intraday low of 52.95. The net turnover during the day was Rs. 39643709.

Source : Equity Bulls

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