Disclosure in the Directors' Report

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..... following details of the ESOS: (a) options granted; (b) the pricing formula; (c) options vested; (d) options exercised; (e) the total number of shares arising as a result of exercise of option; (f) options lapsed; (g) variation of terms of options; (h) money realised by exercise of options; (i) total number of options in force; (j) employee wise details of options granted to;- (i) senio .....

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..... used the fair value of the options, shall be disclosed. The impact of this difference on profits and on EPS of the company shall also be disclosed. (m) Weighted-average exercise prices and weighted-average fair values of options shall be disclosed separately for options whose exercise price either equals or exceeds or is less than the market price of the stock [3][ ]. (n) A description of the me .....

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..... mpact on the profits and on the EPS of the company if the company had followed the accounting policies specified in clause 13 in respect of such options.] ******** [1] Substituted for "International Accounting Standard (IAS) 33" vide circular no. SEBI/CFD/DIL/ESOP/ 3/2004/22/7 dated July 22, 2004, w. e. f. July 22, 2004. [2] Inserted vide circular no. SEBI/PMD/MBD/ESOP/2/2003/30/06 dated June 3 .....

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