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PC Jeweller grants stock options

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Capital Market
Last Updated : May 15 2015 | 6:02 PM IST

Under ESOP

PC Jeweller announced that the Nomination and Remuneration Committee of the Company at its meeting held on 14 May 2015 granted 7,26,300 (Seven Lakhs Twenty Six Thousand Three Hundred) options to the eligible employees of the Company under its "Employee Stock Option Plan 2011". Each option entitles the Grantee thereof to apply for and be allotted one equity share of the Company upon vesting.

The said options were granted at an Exercise price of Rs. NIL per share and shall be vested in 4 tranches in 4 years from the date of grant.

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First Published: May 15 2015 | 5:21 PM IST

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