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Outcome of Governance, Nomination and Remuneration Committee Meeting - Grant of Options

| Updated on September 15, 2016

Ujjivan Financial Services Ltd has informed BSE that pursuant to the authority granted by the Shareholders’ approval in their EGM held on November 03, 2015 and ratified by the Shareholders at the AGM held on August 10, 2016, the Governance, Nomination and Remuneration Committee of the Board in their meeting held on September 14, 2016 has approved a grant of 16,96,850 options to 3,880 employees of the Company at the current market price of Rs. 417.15 (Rupees Four Hundred Seventeen and Paisa Fifteen) per option (based on the closing market price of Rs. 417.15 of the Company’s shares in NSE on September 12, 2016) under the Ujjivan Employee Stock Option Scheme, 2015 (ESOP Scheme 2015).

Pdf Link: >Outcome of Governance, Nomination and Remuneration Committee Meeting - Grant of Options

Source : BSE - >www.bseindia.com

Published on September 15, 2016

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