Lupin Ltd grants 20424 Options under ESOP

On January 27, 2015, Lupin Ltd has granted 20424 options to their employees under "Lupin Employees Stock Option Plan 2014", at the exercise price of Rs. 2.00 each.

Further the Company has informed that, one equity share of the face value of Rs. 2.00 each is covered by each option. The options shall be vested in a phased manner after a minimum period of 12 months and are exercisable before the exercise period of 10 years from the date of grant.

Shares of LUPIN LTD. was last trading in BSE at Rs.1555.35 as compared to the previous close of Rs. 1513.35. The total number of shares traded during the day was 116932 in over 10414 trades.

The stock hit an intraday high of Rs. 1563 and intraday low of 1520.55. The net turnover during the day was Rs. 180975804.

Source : Equity Bulls

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