Zicom Electronic Security Systems Limited has informed that pursuant to the authority accorded by the equity shareholders of the Company at the Annual General Meeting held on August 24, 2006, the Compensation Committee of Directors at its meeting held on July 06, 2009 has approved the grant of 10,000 stock options to the eligible employee of the Company against which 10,000 equity shares can be allotted based on right to apply for one equity share against each Option.
The said options have graded vesting period ranging from one year to three years from the date of grant and the same can be exercised within two years from the date of their respective vesting.
The said options have graded vesting period ranging from one year to three years from the date of grant and the same can be exercised within two years from the date of their respective vesting.
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