Dabur India Ltd has informed the Exchange that "The Remuneration cum Compensation Committee in its meeting held today i.e. 26.10.2009 has granted 4937 fresh Stock Options under Dabur Employees Stock Option Scheme 2000 to the eligible employees of the company/ its subsidiary 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 35,438 stock options issued to employees earlier".