PDS Multinational Fashions allots over 5.80 lakh stock options under ESOP; Stock gains over 1%

Vesting period is four years from the date of grant (in tranches).

Oct 25, 2021 12:10 IST India Infoline News Service

PDS Multinational Fashions Ltd has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company on October 22, 2021 has approved the 5,80,200 stock grants in terms of Employee Stock Option Plan 2021 – Plan A and Employee Stock Option Plan 2021 – Plan B and/or PDS Multinational Fashions Limited –Phantom Stock Units Plan 2021.

Exercise price is Rs.1095/‐ per Stock Option/Units and Rs. 650/‐  per Stock Option/Units while vesting period is four years from the date of grant (in tranches).

At around 12:34 PM, PDS Multinational was trading at Rs1358.65 per piece higher by 1.42% on Sensex.

The scrip has touched intraday high and low at Rs1363.70 per piece and Rs1332.10 per piece respectively during early trading deals on Monday.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity