Under ESOP
SKS Microfinance announced that the Company, on 22 July 2015 has granted 45,500 stock options (which would get convert into 45,500 equity shares of the Company upon exercise) to the eligible employees subject to the terms of the SKS Microfinance - Employee Stock Option Plans of the Company. The main terms relating to the aforesaid grant are given below;1. Exercise Price: Rs. 529.15 per Share and
2. Vesting Schedule: Four years 25% of the total options granted shall vested at the end of each year.
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