Lupin Ltd has informed BSE that the Company has granted 28000 options under Lupin Employees Stock Option Plan 2005 to its employees at the exercise price of Rs 840.85 on May 29, 2009.
Further, one equity share of Rs 10/- each is covered by each option. The options issued are exercisable at the market price as defined In SEBI guidelines, in a phased manner after a minimum vesting period of 12 months but before the exercise period of 10 years from the date of grant.
| NIFTY 
