Lupin Limited has informed the Exchange that "The Company has granted 10000 options under Lupin Employees Stock Option Plan 2005 at the exercise price of Rs. 614.08 on November 04, 2009. Please note that one equity share of Rs.10/- each is covered by each option. The options issued are exercisable after a minimum vesting period of 12 months but before the exercise period of 10 years from the date of grant".
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