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Westlife Development grant stock options to subsidiary company

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Capital Market
Last Updated : Jan 16 2014 | 11:56 PM IST

On 16 January 2014

Westlife Development announced that the company on 16 January 2014 has granted 3,62,000 stock options to employees of Hardcastle Restaurants. These options shall entitle such employees (grantees) to purchase shares of the company (one option entitling the grantee to purchase one share of Rs 2 face value) and such options should be exercised within a period of 5 years from the date of vesting of the same.

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First Published: Jan 16 2014 | 4:00 PM IST

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