Date:05/03/2005 URL: http://www.thehindu.com/2005/03/05/stories/2005030506911503.htm

Business - Briefly

Lupin's ESOP plan

MUMBAI, MARCH 4. Lupin will grant around four lakh equity shares at a vesting price of Rs. 567.35 to nearly 175 of its managers under the Employee Stock Option Plan (ESOP).

"Companies need to attract and retain top quality talent in order to maintain their competitiveness," Lupin Chairman, Desh Bandhu Gupta, said in a release here today. — PTI