Under ESPS 2014
Suzlon Energy announced that the ESOP Committee of the Board of Directors of the Company has, at its meeting held on 16 May 2014, approved allotment of 1,00,95,000 equity shares of Rs 2 each of the Company at an exercise price of Rs 8.10 to the eligible employees of the Company and its Subsidiary Companies under the Employee Stock Purchase Scheme 2014.The said 1,00,95,000 equity shares shall be locked in for a period of one year from the date of allotment in terms of the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.
Powered by Capital Market - Live News
