Corporate News     05-Jun-07
National Organic Chemical Industries to introduce ESOS
To eligible employees
The board of National Organic Chemical Industries has decided to introduce an Employee Stock Option Scheme based on the recommendations of the Remuneration Committee.

The number of options to be made available under the Scheme to the eligible employees shall not be more than 80,00,000 representing approximately 5% of the paid up share capital of the company.

This was decided at the board meeting held on 04 June 2007.

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