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Info Edge (Naukri) grants share options to employees at Rs 948 each

The compensation committee of the board of Info Edge India (Naukri.com), at its meeting held on April 30, 2008, approved a grant of 292,200 options to employees at Rs 948 per option (each option representing an equity share of Rs 10 each). The options have a vesting schedule between 2-4 years from the date of grant.

The compensation committee of the board of Info Edge India (Naukri.com), at its meeting held on April 30, 2008, approved a grant of 292,200 options to employees at Rs 948 per option (each option representing an equity share of Rs 10 each). The options have a vesting schedule between 2-4 years from the date of grant.

The company registered a 54 per cent growth in net profits to Rs 15.61 crore for the quarter ended March 2008 from a profit of Rs 10.13 crore for the quarter ended March 2007. Shares of the company were last trading down Rs 36.7, or 3.63 per cent, at Rs 973.7. The total volume of shares traded at the BSE was 336. (11.08 a.m., Thursday) [Source: MyIris]

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