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Subex ESOP committee grants stock options
Date: 18-06-2012Subex has informed that the ESOP Committee of the board of directors of the company has granted 3,300 ESOPs to its employees at a price of Rs. 19.63 per option in accordance with the terms and conditions, including vesting period and exercise period, under the employee stock option plan-2005 of the company 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.