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Sequent Scientific grant stock options

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Capital Market
Last Updated : Feb 18 2014 | 12:02 AM IST

Of face value Rs 10 each

Sequent Scientific announced that the committee of directors have granted 100,000 stock options to the employees of the company. These options are to be vested over a period of 4 years and the exercise price per option will be Rs 50 for first year, Rs 60 for second year, Rs 70 for third year and Rs 80 for fourth year. These options are convertible into equivalent number equity shares of the company having face value of Rs 10 each.

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First Published: Feb 17 2014 | 4:12 PM IST

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