Subex Ltd has informed BSE that the ESOPs Committee of the Board of Directors of the Company has on July 24, 2016, cancelled 45,840 ESOPs for the quarter of April-June 2016 in accordance with the terms and conditions under the Employee Stock Option Plans of the Company-ESOP 2005, ESOP 2008 and the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014.
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