Under ESOP
Indiabulls Ventures announced that the Compensation Committee constituted by the Board of Directors of the Company has, at its meeting held on 12 May 2016, granted, under the ''Indiabulls Ventures Limited Employees Stock Option Scheme - 2009, 95,00,000 (Ninety Five Lakh) Stock Options representing an equal number of equity shares of face value of Rs. 2/- each in the Company, at an exercise price of Rs. 16.00, being the latest available closing market price as on 11 May 2016, on the National Stock Exchange of India. The Stock Options so granted, shall vest uniformly over a period of 5 years beginning from 13 May 2017, the first vesting date. The options vested under each of the slabs, can be exercised within a period of 5 years from the relevant vesting date.Powered by Capital Market - Live News