Comments
The nomination and remuneration committee of Dabur India has approved the allotment of 1.5 lakh equity shares of face value ₹1 each to eligible employees of the company who exercised their stock options under the Dabur Employee Stock Option Scheme, 2000. Following the allotment, the paid-up share capital of the company increased to ₹175.65 crore. The committee also granted 44,000 fresh stock options to eligible employees of the company. However, the options will have a vesting period of one to four years and should be exercised within a period of three years after vesting of the same. The options also carry the right to apply for an equivalent number of equity shares of the company. Shares of Dabur India closed with a gain of 1.5 per cent at ₹235.45 on the NSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.