Sterling Holiday Resorts India has informed that the board of directors of the company at its meeting held on January 24, 2013, has granted 7,50,000 Stock Options (convertible into equivalent number of equity shares) to eligible employees of the company at the rate of an exercise price of Rs. 96. The options granted would vest within a period of 36 months from the date of Grant.
The above information is a part of company’s filings submitted to BSE.