Intense Technologies has informed that the remuneration/compensation committee of the board of the company in its meeting held on December 21, 2011, has granted 20,000 stock options convertible into equivalent number of equity shares of Rs 10 each at par, to Chandrashekar Balaraman, employee of the company under, fortune employees stock option plan 2005.
The above information is part of the company’s filing submitted to the BSE.