Corporate News 04-Nov-17
SORIL Holdings & Ventures grants stock options
Under ESOS
SORIL Holdings & Ventures has granted an aggregate of 45,66,600 Stock Options under the Company's Employee Stock Option Scheme, representing an equal number of equity shares of face value of Rs. 2/- each in the Company, at an exercise price of Rs. 105.20, being the closing market price on the BSE, as on 02 November 2017. The Stock Options so granted, shall vest within five years beginning from 03 November 2018, the first vesting date. The options vested under each of the slabs, can be exercised within a period of five years from the relevant vesting date.
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