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Subex
BSE: 532348NSE: SUBEXISIN: INE754A01014

2nd-Apr-2012 12:30Source: BSE

Subex - Cancellation of Employee Stock Options (ESOPs)

Subex Ltd has informed BSE that the ESOP Committee of the Board of Directors of the Company has cancelled 44,905 ESOPs in accordance with the terms and conditions under the Employee Stock Option Plans of the Company ESOP 2000, ESOP 2005 and ESOP 2008, and Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

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