Jubilant Life Sciences has informed that 8,743 options under JLL Employees Stock Option Plan 2011 (Plan 2011) have been exercised by one option holder. Pursuant to the terms of Plan 2011, the Nomination, Remuneration and Compensation Committee of the Company has approved transfer of 8,743 equity shares of Re 1 each of Jubilant Life Sciences from Jubilant Employees Welfare Trust to the said option holder.
The above information is a part of company’s filings submitted to BSE.