This is to inform you that the Nomination & Remuneration Committee of Board of Directors of the Company has allotted on July 16 2020 by way of resolution passed by circulation 6 000 Equity Shares of Rs.10/- each of the Company fully paid up at a price of Rs.10/- each to the eligible Employees on exercise of their Stock Options under Laurus Employees Stock Option Scheme 2011. With this allotment the Employees Stock Option Scheme 2011 is completed and closed.
This is to further inform you that the Nomination & Remuneration Committee of Board of Directors of the Company has allotted on July 16 2020 by way of resolution passed by circulation 2 78 500 Equity Shares of Rs.10/- each of the Company fully paid up at a price of Rs.137.50 per share (including premium of Rs.127.50 per share) to the eligible Employees on exercise of their Stock Options under Grant-1 of Laurus Employees Stock Option Scheme 2016.
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