Sequent Scientific has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company has granted 100,000 stock options to the employees of the Company. These options are to be vested over a period of 4 years at the rate of 25% per year and the exercise price per option will be Rs 435. These options are convertible into equivalent number of equity shares of the Company having face value of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
