Eicher Motors Ltd Grants 3000 options under ESOP Scheme

The Nomination and Remuneration Committee of Eicher Motors Ltd at their meeting held October 28, 2016 has granted 3,000 options under ESOP Scheme of the Company.

The Options shall be exercisable in three equal tranches after the end of 3rd, 4th and 5th year from the grant date. Upon exercise, each option shall result into one equity share of face value Rs. 10/- each.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.23990 as compared to the previous close of Rs. 24531.6. The total number of shares traded during the day was 9929 in over 4361 trades.

The stock hit an intraday high of Rs. 24815.75 and intraday low of 23700. The net turnover during the day was Rs. 240081413.

Source : Equity Bulls

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