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Cipla informs outcome of board meeting

07 Feb 2013 Evaluate

Cipla has informed that the board of directors of the company at its meeting held on February 06, 2013, has decided to issue 10,00,000 stock options to Subhanu Saxena, chief executive officer subject to requisite approvals. The options would be granted to Subhanu Saxena by the compensation committee on mutually acceptable terms.

The company is seeking approval of shareholders to the aforesaid proposal by means of postal ballot and has appointed B. Narasimhan, Practising company secretary as scrutinizer for conducting the postal ballot process.

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

Cipla Share Price

1238.30 7.55 (0.61%)
17-Apr-2026 16:59 View Price Chart
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