Subex Ltd cancels 34901 ESOPs

The ESOPs Committee of the Board of Directors of Subex Ltd on January 23, 2015 has cancelled 34,901 ESOPs for the quarter of October-December 2014 in accordance with the terms and conditions under the Employee Stock Option Plans of the Company ESOP 2005 and ESOP 2008 and Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

Shares of SUBEX LTD. was last trading in BSE at Rs.11.03 as compared to the previous close of Rs. 11.27. The total number of shares traded during the day was 1074039 in over 1283 trades.

The stock hit an intraday high of Rs. 11.5 and intraday low of 10.95. The net turnover during the day was Rs. 11851754.

Source : Equity Bulls

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