Northgate Technologies Ltd has informed that the Compensation Committee in their meeting held on March 18, 2008 has granted 40,000 options under ESOP 2006 to the eligible employees, details of which are as follows:
1. No. of Options granted under ESOP 2006: 40,000
2. Exercise Price: Closing Market price as on March 17, 2008
3. Vesting Period: One year from the date of grant.
1. No. of Options granted under ESOP 2006: 40,000
2. Exercise Price: Closing Market price as on March 17, 2008
3. Vesting Period: One year from the date of grant.
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