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Tuesday, Sep 21, 2004

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Corporate - ESOPs


Suven Life allots stock options

Our Bureau

HYDERABAD: Suven Life Sciences Ltd (SLSL) has informed the stock exchanges that its Compensation Committee of Board on Saturday granted six lakh stock options to all the eligible employees and directors of the company as well as to the employees and directors of the wholly-owned subsidiary located in the US.

According to the company, its shareholders approved at the annual general meeting held on Friday the proposal for extending the benefits of ESOPs to employees and directors of the company as well as to employees and directors of US-based subsidiary.

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