Godrej Industries approves vesting date under GIL ESOP

Godrej Industries Ltd has announced that the Compensation Committee through a resolution on December 28, 2009, approved vesting of 3,01,500 options of the employees who are retiring on December 31, 2009. The revised vesting date shall be December 31, 2009 under Godrej Industries Ltd - Employee Stock Option Plan (GIL ESOP). Consequently, the exercise period for the said options shall end on December 31, 2011.

The Stock was trading at Rs.180.10, up by Rs.1.95 or 1.09%. The stock hit an intraday high of Rs.181.70 and low of Rs.178.10.

The total traded quantity was 90142 compared to 2 week average of 291578.

Source : Equity Bulls

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