Skipper has informed that the Nomination and Remuneration Committee of the Company at its meeting held on December 4, 2018 has granted 4, 85,000 numbers of Employee Stock Options under Skipper Employee Stock Option Plan, 2015 (3rd tranche), to the eligible employees of the Company. The same is exercisable into same number of Equity Shares subject to vesting period of 4 years, exercise period of 5 years and at an exercise price of Rs 200 per share.
The above information is a part of company’s filings submitted to BSE.
