Dabur India Ltd has informed BSE that the Remuneration cum Compensation Committee in its meeting held on July 27, 2009, has granted 1,78,416 fresh Stock Options under Dabur Employees Stock Option Scheme 2000 to the eligible employees of the Company with the following terms & conditions:-
1. The above options have vesting period of 1 to 5 years.
2. The said options shall be exercisable within a period of 3 years after vesting of the same.
3. The said options carry the right to apply for equivalent number of equity shares of the Company of Re 1/- each at par.
Further, the committee has also cancelled 34,157 stock options issued to employees earlier.