With reference to the earlier letter dated November 05, 2015 and dated January 22, 2016, Bajaj Electricals has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on February 10, 2016, has granted 117,500 Stock Options exercisable into an equal number of Equity Shares under Employee Stock Option Plan 2015 (‘ESOP 2015’) to 19 eligible employees, at a price of Rs 177.85 per option, being the closing price on the day preceding to the date of the Meeting on National Stock Exchange (NSE) where the traded volume was high. These options will vest in the favour of the option grantees over a period of 4 years from the date of grant as per ESOP 2015. The Stock Options granted are within the Plan Size of 3,027,073 Stock Options under ESOP 2015.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Crompt.Greaves Cons. | 261.25 |
| Whirlpool Of India | 888.55 |
| Bajaj Electricals | 391.55 |
| Orient Electric | 179.35 |
| TTK Prestige | 494.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: