Kale Consultants Ltd has informed that the Remuneration and Compensation Committee of the Board of Directors of the Company has passed a resolution approving the grant of upto 900,000 options under Kale Consultants Ltd Employees Stock Option Scheme, 2006 to employees and non promoter directors of the Company and its subsidiaries.
- Vesting: 30% of the options granted shall vest on completion of one year from the date of grant and the balance 70% of the options granted shall vest equally over a period of 8 quarters on a quarterly basis starting from the end of 15th month from the date of grant.
- Exercise Period: The options shall be exercised within a period of 2 years from the date of vesting.
- Exercise Price: Exercise Price of the options granted is the closing market price on the on the National Stock Exchange of India Ltd on the date of grant.
- Vesting: 30% of the options granted shall vest on completion of one year from the date of grant and the balance 70% of the options granted shall vest equally over a period of 8 quarters on a quarterly basis starting from the end of 15th month from the date of grant.
- Exercise Period: The options shall be exercised within a period of 2 years from the date of vesting.
- Exercise Price: Exercise Price of the options granted is the closing market price on the on the National Stock Exchange of India Ltd on the date of grant.
No comments:
Post a Comment