Lanco Infratech grants stock options under ESOP
Lanco Infratech grants stock options under ESOP The members of Lanco Infratech (Q, N,C,F)* at the annual general meeting (AGM) held on Sep. 3, 2007 granted 500,000 stock options under the employee stock option plan 2006. Established in 1993, the company has created two divisions to oversee and execute infrastructure and EPC works. The two divisions are the infrastructure and construction div ision and the EPC division.
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Lanco Infratech is engaged in the business of construction and infrastructure development. The main revenue for the company comes from its construction, infrastructure development and property development.
Shares of the company closed up Rs 17.85, or 5.4%, at Rs 348.10. The total volume of shares traded at the BSE was 624,907. (Wednesday)
