Financial Daily
from THE HINDU group of publications
Tuesday, June 06, 2000
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Financial Daily from THE HINDU group of publications Tuesday, June 06, 2000 |
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Indian Hotels to offer ESOS
Our Bureau
MUMBAI, June 5
INDIAN Hotels Company which owns the Taj Group of hotels has decided to offer an employee stock option scheme (ESOS).
The board of directors of the company on Monday approved the scheme.
In a communication to the Bombay Stock Exchange, the company said the ``board of directors has approved an Employee's Stock Option Scheme under which the total number of options proposed to be granted to the employees of the company would not exceed 3 pe
r cent of the subscribed capital of the company.''
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