Is my portfolio
One Report to Answer all your Questions!
Subex approves grant of ESOP
Date: 23-08-2012Subex has informed that the ESOP Committee of the board of directors of the company has in accordance with the terms and conditions of the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, has approved the grant of 54,600 ESOPs to its employees at a price of Rs 12.31 per option under the Employee Stock Option Plan 2005 of the company.
Further, the board cancelled 12,363 ESOPs in accordance with the terms and conditions under the Employee Stock Option Plans of the Company ESOP 2000, ESOP 2005 and ESOP 2008.
The above information is a part of company's filings submitted to BSE.