Subex Ltd has informed BSE that the ESOPs Committee of the Board of Directors of the Company has cancelled 6,91,883 ESOPs for the quarter of October-December 2015 on January 22, 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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