Wockhardt has informed that the compensation committee of the board, has approved the grant of 3,50,000 stock options at the rate of Rs. 5 per option convertible into 3,50,000 equity shares of Rs. 5 each under Wockhardt Stock Option Scheme - 2011, in accordance with the provisions of Securities and Exchange Board of India (Employees Stock Option Scheme and Employee Stock purchase Scheme) Guidelines, 1999.
The above information is a part of company's filings submitted to BSE.