Geometric Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 02, 2015, inter alia, has:
1. Approved allotment of 173,294 (One lakh seventy three thousand two hundred and ninety four) Equity shares of Rs. 2/- each on the exercise of vested stock options under the ESOP Scheme 2011 and ESOP Scheme 2013 - Employees.
2. Approved issuance of 12,50,000 (Twelve lakhs fifty thousand) stock options to the employees of the Company and institution of new ESOP Scheme? called 'ESOP Scheme 2015'.
3. Approved extension of the benefits of 'ESOP Scheme 2015' to employees of the Company and its direct or indirect subsidiaries.
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