Bajaj Electricals, Coromandel Fertilisers grants stock options

Jul 25 2008
Bajaj Electricals grants stock options Under ESOP The committee of Bajaj Electricals has granted 11,000 stock options to the eligible employees of the company which will vest at a price of Rs 443.25 per option over a period of 4 years from the date of grant as per ESOP scheme 2007.These options were granted at the committee meeting held on 24 July 2008.

Coromandel Fertilisers grants options Under ESOS The committee of Coromandel Fertilisers has granted 216000 options at an exercise price of Rs 119.90 to the executives under ESOS 2007. These options would vest over a period of 4 years exercisable within a period of 3 years from the date of vesting.These options were granted at the committee meeting held on 2 July 2008.