Lupin Ltd Grants 50000 Options under Lupin Employees Stock Option Plan 2011

On November 19, 2015, Lupin Ltd has granted 50000 options to their employees under "Lupin Employees Stock Option Plan 2011", at the exercise price of Rs. 891.53 each.

Further note that one equity share of Rs.2/- each is covered by each option. The options issued are exercisable after a minimum vesting period of 12 months but before the exercise period of 10 years from the date of grant.

Shares of LUPIN LTD. was last trading in BSE at Rs.1813.9 as compared to the previous close of Rs. 1806.5. The total number of shares traded during the day was 32236 in over 2696 trades.

The stock hit an intraday high of Rs. 1827 and intraday low of 1790.75. The net turnover during the day was Rs. 58371572.

Source : Equity Bulls

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