Others

Grant of Options

| Updated on June 09, 2011 Published on June 09, 2011

NIIT Technologies Ltd has informed BSE that the Compensation Committee, in its meeting held on June 09, 2011 has made the 10th grant to an employee of the Company under the ESOP 2005, details of which are as under;

1. No. of Options granted : 50,000

2. Vesting Period :

i. 20,000 options granted would vest after the completion of one year from the date of the grant

ii. 15,000 options granted would vest after the completion of second year from the date of the grant

iii. 15,000 options granted would vest after the completion of third year from the date of the grant

3. Exercise Period : Three (3) years from the date of vesting

The options have not been granted to any of the Directors.

Source : BSE - >www.bseindia.com

Published on June 09, 2011
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