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HCL Infosystems grants option under ESOS
Source: IRIS | 19 Sep, 2014, 04.02PM
Rating: NAN / 5 stars.
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HCL Infosystems said that the nomination and remuneration committee has granted 15,000 options at a price of Rs 380 under HCL Infosystems -Employee Stock Option Scheme, 2000. This is including a premium of Rs 370 per option. Each option confers a right to apply for 5 equity shares of Rs 2 each.

Recently, the company has appointed Premkumar Seshadri as executive vice-chairman of the company, with immediate effect. Premkumar has been serving as a non-executive director on the HCL Infosystems board since Mar. 21, 2014.

Shares of the company gained Rs 7.2, or 8.73%, to settle at Rs 89.65. The total volume of shares traded was 4,642,101 at the BSE (Friday).

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