Rolta India has informed that the Nomination & Remuneration Committee of the Board of Directors at its meeting held on December 09, 2016, has granted 1,050,000 stock options to the eligible employees of the Company, in accordance with the Employee Stock Option Plan (ESOP 2014) approved by the shareholders. Against each stock option, the eligible employee shall have the right to apply for and get allotted one Equity Share of the face value of Rs 10 each at an exercise price of Rs 10 per equity share. The vesting period and conditions for the said options is as stated in ESOP 2014.
The above information is a part of company’s filings submitted to BSE.
