Lloyds Engineering Works Employee Stock Options
Lloyds Engineering Works proposed increasing its ESOP pool from 44 million to 73.5 million options. This amendment is subject to shareholder approval via postal ballot.
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Lloyds Engineering Works proposed increasing its ESOP pool from 44 million to 73.5 million options. This amendment is subject to shareholder approval via postal ballot.
Lloyds Engineering Works granted ESOPs to employees of its company and subsidiaries. Options were granted at an exercise price of ₹95.00 per option.
Lloyds Engineering Works Limited allotted 2,14,368 equity shares via ESOP at an exercise price of ₹9.50 per share. The transaction realized approximately ₹0.20 Crore. These shares will rank pari-passu with existing equity shares of the company.