India Infoline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2011, inter alia, has considered and approved the following:
1. The following changes in the Board of Directors:
a. Mr. Nirmal Jain, Chairman and Managing Director, is appointed as Executive Chairman of the Company.
b. Mr. R. Venkataraman, Executive Director, is appointed as Managing Director of the Company.
2. Grant of 27,00,000 stock options to eligible employees under the Employee Stock Option Scheme - 2008.
Sensex
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Sunday, May 08, 2011
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