Subex announces exercise of 3.70 lakh stock options

Subex announced the exercise of 370,000 options at an exercise price of Rs. 6/- each, equivalent to 370,000 Equity shares of face value of Rs. 5/- each, (Equity shares) of the Company.

Pursuant to the exercise, the Subex Employee Welfare and ESOP Benefit Trust will transfer the said Equity shares to the concerned option grantees in due course.

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