Lupin Ltd grants 10233 options

Lupin Ltd has granted 10233 options on April 24, 2017 under Lupin Subsidiary Companies Employees Stock Option Plan 2014 (SESOP 2014) - 8453 options granted to the employees of Subsidiary companies of Lupin Limited and 1780 options under Lupin Employees Stock Option Plan 2014 to the employees of Lupin LImited.

One equity share of Rs.2/- each is covered by each option and 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.1371.25 as compared to the previous close of Rs. 1376.7. The total number of shares traded during the day was 42023 in over 3963 trades.

The stock hit an intraday high of Rs. 1382.5 and intraday low of 1368. The net turnover during the day was Rs. 57692756.

Source : Equity Bulls

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