Vardhman Special Steels has informed that the Nomination and Remuneration Committee in its meeting held on November 12, 2016 has approved to grant 210,000 Employee Stock Options to the eligible employees under Vardhman Special Steels Employee Stock Option Plan 2016, exercisable into not more than 210,000 fully paid-up equity shares in the Company in aggregate of face value of Rs 10 each. Further the Company has informed that, this is the First Grant under Vardhman Special Steels Employee Stock Option Plan 2016.
The above information is a part of company’s filings submitted to BSE.
