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Subex cancels ESOPs

09 Jan 2013 Evaluate

Subex has informed that the ESOP Committee of the board of directors of the company has cancelled 1,56,265 ESOPs in accordance with the terms and conditions under the Employee Stock Option Plans of the company ESOP 2005 and ESOP 2008, and Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2502.60
Infosys 1146.00
HCL Technologies 1437.00
Wipro 197.60
Tech Mahindra 1788.00
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