Corporate Announcement
Security Code : 501455    Company : GREAVESCOT    
 
Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulation, 2015 Relating To Grant Options Under Greaves Cotton - ESOP 2019Download PDF Download XBRL
  Exchange Received Time  10/12/2019 12:15:19         Exchange Disseminated Time   10/12/2019 12:15:24              Time Taken   00:00:05
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, this is to inform you that the Nomination and Remuneration Committee ('the Committee') of the Board of Directors of the Company by way of circular resolution has approved the grant of 6,36,215 (Six Lakhs Thirty Six Thousand Two Hundred and Fifteen only) Stock Options under 'Greaves Cotton - Employees Stock Option Plan 2019' ('ESOP-2019') to Mr. Nagesh Basavanhalli, Managing Director & CEO of the Company on 9th December, 2019, in terms of ESOP-2019 which was approved by the members of the Company.

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