Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Out of 15,069 stock options exercised till date 14,725 stock options were already transferred to the respective option grantees. Further 118 equity shares have been now transferred to the eligible option grantee. 226 equity shares are to be transferred to the respective option grantees pending completion of certain formalities by them. Further, it is informed that since the options granted under the HOEC ESOS Scheme is administered through HOEC ESOS Trust (Trust) whereby shares are purchased by the Trust from the open market based on the options granted by the Compensation and Remuneration Committee of the Board of Directors, there is no change in the issued, subscribed or paid-up capital of the Company on, account of exercise of the said options".
Source: NSECourtesy moneycontrol.com
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