Lupin informs about grant of options
Date: 21-11-2015Lupin has informed that on November 19, 2015, the Company has granted 50000 options to their employees under Lupin Employees Stock Option Plan 2011, at the exercise price of Rs 891.53 each. Further note that one equity share of Rs 2 each is covered by each option. The options issued are exercisable after a minimum vesting period of 12 months but before the exercise period of 10 years from the date of grant.
The above information is a part of company’s filings submitted to BSE.