Jubilant Organosys - Allotment of shares & Grant of Stock Options
Jubilant Organosys Ltd has informed BSE that at a Meeting of the Compensation Committee of the Board of Directors held on July 15, 2008, allotment of 30,020 equity shares of Re 1/- each at a price of :
- Rs 201.33 per share for 29,120 equity shares and
- Rs 258.25 per share for 900 equity shares,
has been made pursuant to exercise of 6004 options earlier granted under the “Jubilant Employees Stock Option Plan 2005″.
Further 8,000 Options have been granted to eligible employees of the Company on July 15, 2008 in accordance with Jubilant Employees Stock Option Plan, 2005. Each option shall entitle the holder to subscribe to 5 equity shares of Re 1 each at a price of Rs 304.95 per share.
Tags: Jubilant Organosys