3i Infotech Ltd Grants 10990000 Employee Stock Options

3i Infotech Ltd has made a grant of 10,990,000 options under Employees Stocks Option Plan 2015 (ESOS 2015) under 3i Infotech Limited Employees Stock Option Scheme 2007 (ESOS 2007) to officials of the Company. These options shall vest in the ratio of 50:25:25 at the end of 1st, 2nd and 3rd year from the date of grant, respectively.

The aforesaid grants have been made at an exercise price of Rs.10/- per stock option.

Shares of 3I INFOTECH LTD. was last trading in BSE at Rs.4.09 as compared to the previous close of Rs. 3.95. The total number of shares traded during the day was 719245 in over 334 trades.

The stock hit an intraday high of Rs. 4.22 and intraday low of 4. The net turnover during the day was Rs. 2943569.

Source : Equity Bulls

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