Educomp Solutions has informed that the remuneration committee of the company on February 23, 2012, has granted 400,000 stock options to the employees of the company under ESOP Scheme 2011 at current market price to be converted in to one equity share of face value of Rs 2 each on exercise of one option. Vesting conditions and exercise period of the stock options is as decided by the remuneration committee as per the terms and conditions of the ESOP Scheme
The above information is part of company’s filing submitted to the BSE
