Held on 12 August 2015
Natco Pharma announced that the Board of Directors of the Company at its meeting held on 12 August 2015, inter alia, has considered the following items of business :1. Termination of earlier Natco Employee Stock Option Plan, 2010 (NATSOP2010).
2. Board had discussed the item of raising of funds for one of the subsidiaries Timecap Overseas, Mauritius and authorised Vice Chairman & CEO to explore various options for the same.
3. The date of Annual General Meeting is on 26 September 2015 and Board had authorised V. C. Nannapaneni, Chairman & Managing Director for finalizing the time and venue for 32nd Annual General Meeting for the financial year 2014-15.
4. Board granted 1,50,000 (one lakh fifty thousand) options to eligible employees under NATSOP2015 keeping in view the SEBI (Share Based Employee Benefits) Regulations, 2014.
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