Ajanta Pharma Limited Board Committee Approves Grant and Cancellation of Stock Options
Ajanta Pharma Limited's Nomination and Remuneration Committee conducted a meeting that resulted in the approval of new employee stock options and the cancellation of existing units.The Committee announced the granting of stock options under the Ajanta Pharma Share Based Incentive Plan 2019. Additionally, the Committee approved the cancellation of 850 stock options, with these cancelled options being credited back to the ESOP pool.
The details concerning the recently granted stock options are as follows:
| Particulars | Details |
|---|---|
| Total number of options granted | 1,45,000 |
| Number of shares covered under options | 1 share per option |
| Exercise Period | Three months from the date of vesting |
AJANTPHARM Stock Price Movement
Today, Ajanta Pharma Limited shares slipped by 0.02% to settle at ₹2897.6. The stock traded on a volume of 82,838 shares, finishing above its day low of ₹2855.6.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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