Friday, February 22, 2008

GTL - Allotment Of Warrants Under ESOP

GTL Ltd has informed that the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held on February 21, 2008 has considered and approved allotment of 171,500 warrants under the ESOP 2004 Subsidiary Scheme & ESOP 2005 Scheme of the Company as detailed below:

(i) Particular of the Scheme : Employees Stock Option Scheme-2004 Subsidiary

- 126,500 Number of warrants

(ii) Particular of the Scheme : Employees Stock Option Scheme-2005

- 45,000 Number of Warrants

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