Geojit BNP Paribas Financial Services Ltd: Issue of Stock Options

Geojit BNP Paribas Financial Services Ltd has informed BSE that the Compensation Committee of the Board of Directors of the Company, on March 29, 2011, has granted 27,86,795 stock options to employees of the Company and its subsidiaries at an exercise price of Rs. 22.20 per stock option which carry right to apply for equal number of equity shares of the face value of Re. 1 each. The options will vest fully on the second anniversary of the date of grant (i.e. on March 29, 2013) and the last date for exercise is March 28, 2015 (i.e., within four years from the date of grant).