Polaris Software Lab Ltd has informed that the Shareholders Committee of the Board of Directors of the Company at its meeting held on October 17, 2007 has allotted 20,175 Equity Shares to its employees under the Associate Stock Option Plan 2000, 20001 & 2003. A brief summary of allotment is given hereunder:
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SchemeDate of GrantOption PriceNo of AllotteesNo of Shares(Rs)
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ASOP 2000October 18, 200171.501100
ASOP 2001September 26, 200157.0062,775
ASOP 2001October 18, 200171.5023,000
ASOP 2003June 26, 200676.60614,300
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Total1520175
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Friday, October 19, 2007
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