Future Capital Holdings grants 344000 Stock Options

Future Capital Holdings Ltd has announced that the Compensation and Nomination Committee constituted by the Board of Directors of the Company vide resolutions passed by it dated September 23, 2010, has granted 344,000 (Three Lacs Forty Four Thousand) Stock Options under the Company's Employees Stock Option Scheme - 2007 (FCH ESOS - 2007) and 220,000 (Two Lacs Twenty Thousand) Stock Options under the Company's Employees Stock Option Scheme - 2008 (FCH ESOS - 2008), representing an equal number of equity shares of face value Rs. 10/- (Rupees Ten Only) each in the Company to the Eligible Employees.

The Board of Directors of the Company vide resolutions passed by it dated September 23, 2010, inter-alia approved appointment of Mr. Anil Singhvi, Mr. N. C. Singhal and Mr. Pradeep Mukerjee, as the Non-Executive Independent Directors with immediate effect.

The stock was trading at Rs.255, down by Rs.4.30 or 1.66%. The stock hit an intraday high of Rs.263.95 and low of Rs.254.60.

The total traded quantity was 0.44 lakhs compared to 2 week average of 0.27 lakhs.

Source : Equity Bulls

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