Educomp Solutions Ltd Grants 450000 Stock Options under Various ESOP Scheme

The Nomination and Remuneration Committee of Educomp Solutions Ltd on February 13, 2015 has granted 4,50,000 Stock Options to the Employee of the Company under ESOP 2014 Scheme of the Company, at current market price, to be converted in to one equity share of face value of Rs. 2/- each on exercise of one option.

The vesting conditions and Exercise period of the stock options is as decided by the nomination and remuneration committee as per the terms and conditions of the respective ESOP schemes.

Shares of EDUCOMP SOLUTIONS LTD. was last trading in BSE at Rs.23.6 as compared to the previous close of Rs. 23.5. The total number of shares traded during the day was 266265 in over 2284 trades.

The stock hit an intraday high of Rs. 24 and intraday low of 23.45. The net turnover during the day was Rs. 6322372.

Source : Equity Bulls

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