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Last Update: Mon, May 21, 2012 7:36 AM IST (2:06 AM GMT)
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New Delhi: Indian infrastructure financier Infrastructure Development Finance Co Ltd (IDFC) Wednesday said it has allotted 75,000 equity shares at a price of Rs 150.75 apiece to its employees under the Employee Stock Option Scheme (ESOS) 2007.
The equity shares were allotted on February 22, 2012, IDFC said in a filing to the stock exchanges.
These options will vest over a period of 3 years and the exercise period will be 5 years from the date of vesting, it said.
Earlier last month, the company had allotted 544,310 equity shares of Rs 10 each under a similar scheme.
Shares of IDFC ended at Rs 144.1 on the Bombay Stock Exchange (BSE) today, down 4.41% from the previous close.
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(As per Company's website) We have been an integral part of the country's development story since 1997, when our company was formed with the specific mandate to build the nation. Since 2005, we ...
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Contify is a leading content aggregation and an emerging business information company based in India. Launched in April 2009, the company has partnerships with over 280 leading and niche publications of the country, and distributes over 3,000 business news stories to global information databases like Dow Jones Factiva, Thomson Reuters, LexisNexis and Bloomberg on a daily basis.
Contify also has a strong in-house editorial team, which covers information on a range of industry verticals like banking, energy and retail as well as key government policies related to India’s business environment. The company's portfolio of information products is aimed at helping business professionals keep themselves up-to-date with the important news and events in India’s corporate arena.
