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Dhanvarsha Finvest Ltd - Grant Of Stock Options To Eligible Employees

| Updated on November 05, 2018 Published on November 05, 2018

Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015, we wish to inform you that the Board of Directors of the Company based on the recommendation of the Nomination and Remuneration Committee has today granted 11,17,710 stock options (which would get converted into 11,17,710 equity shares of the Company upon exercise) to the eligible employees of the Company subject to the terms of the Dhanvarsha ESOP Scheme - 2018.

The main terms relating to the aforesaid grant are given below:
1. Exercise Price: Rs. 30/- per Share; and
2. Vesting Schedule: Four years - 10%-20%-30%-40% of the total Stock Options granted to each employee, at the end of each year respectively from the date of grant.

Pdf Link: Dhanvarsha Finvest Ltd - Grant Of Stock Options To Eligible Employees

Source : BSE - www.bseindia.com

Published on November 05, 2018
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