Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7319.60
4.75 (0.06%)
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Eicher Motors informs about grant of options under ESOP scheme

Date: 06-11-2015

Eicher Motors has informed that the Nomination and Remuneration Committee of Board of Directors of the Company has granted 7,800 options at its meeting held on November 6, 2015. All options shall be exercisable in three equal tranches after the end of 3rd, 4th and 5th year from the grant date. Upon exercise, each option shall result into one equity share of Rs 10 each.

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