Unichem Lab gets board approval for ESOP-2008

Submitted by Nalin Grover on Sat, 10/11/2008 - 08:14

Unichem Laboratories has announced that its board of directors has sanctioned the Employees Stock Option Plan (ESOP) – 2008.

The consent of the members of the conglomerate for approval of the same shall be sought by passing a special resolution by postal ballot. 

Recently, the company has got US Food & Drug Administration (USFDA) nod for Hydrochlorothiazide tablets in the strengths of 25 mg and 50 mg. 

Stock of Unichem Laboratories closed at Rs 159, up 0.41% on National Stock Exchange (NSE). The total volume of shares traded was 6,694 at the NSE.


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