JSL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 24, 2009, inter alia, has approved issuance of employee stock options under Employees Stock Option Scheme (ESOP), subject to approval of the shareholders in the ensuing annual genial meeting, and the Board of Directors has constituted Compensation Committee to monitor the ESOP.
The Board has resolved the above in supersession of earlier resolution passed in its meeting held on July 22, 2008.