Lupin Ltd Grants Options

Lupin Ltd has granted options to the employee of its subsidiary company, on January 24, 2017, which are exercisable at Rs.1483.25 each, the "market price" as defined in SEBI (SBEB) Regulations, 2014.

Further, one equity share of Rs.2/- each is covered by each option and options are exercisable in phased manner after 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.1518.45 as compared to the previous close of Rs. 1503.8. The total number of shares traded during the day was 44193 in over 4515 trades.

The stock hit an intraday high of Rs. 1527.1 and intraday low of 1503.05. The net turnover during the day was Rs. 67056207.

Source : Equity Bulls

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