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Wednesday, June 01, 2011

Shoppers Stop Ltd: Grant of Stock Options

Shoppers Stop Ltd has informed BSE that the Remuneration / Compensation Committee at its meeting held on April 29, 2011 has granted, 189,382 Stock Options under 'Employee Stock Option Scheme - 2008' at an exercise price of Rs. 336/- (Rupees Three hundred and thirty six only).

The vesting Schedule of these Stock Options is as under:

- ESOP Scheme: ESOP 2008-3
- No. of ESOPs granted: 189,382
- Vesting Schedule:

30% on April 29, 2012
30% on April 29, 2013
40% on April 29, 2014

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