Orchid Chem to reprice ESOP scheme

Our Bureau Chennai | Updated on December 13, 2011

Orchid Chemicals & Pharmaceuticals Ltd has informed the BSE that the shareholders of the company, by way of postal ballot, have approved with requisite majority, the repricing of 8,64,500 options granted to employees on October 28, 2010, under the Orchid ESOP 2010 Scheme – from Rs 329.55 to Rs 166.15 a share.

Published on December 13, 2011

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