Lupin has informed that the Company has granted 750 options on January 2, 2018, to its employee under Lupin Employees Stock Option Plan 2014 (ESOP 2014), at the exercise price of 2.00 each. The Company also informed that one equity share of Rs 2 each is covered by each option and are exercisable in phased manner after minimum vesting period of 12 months but before the exercise period of 10 years from the date of grant.
The above information is a part of company’s filings submitted to BSE.