The committee of Infomedia 18 has granted 9,67,500 warrant (stock options) pursuant to the company's employees stock option plan 2007 (ESOP 2007). Upon vesting each such warrant shall entitle the holder thereof to subscribe to one equity share in the company at an exercise price of Rs 57.3. Maximum exercise period is three years from the issue of warrant 01 April 2012.
This was decided at the Compensation Committee meeting held on 02 April 2009.
This was decided at the Compensation Committee meeting held on 02 April 2009.
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