Monday, May 5, 2008

Goldstone Technologies Informed BOD Of Company At Meeting

Goldstone Technologies Ltd has informed that the Board of Directors(BOD) of the Company at its meeting held on April 30, 2008, inter alia, has transacted the following:

1. Approved GTL Employee Stock Option Scheme 2007.

2. Constituted Compensation Committee for administration, superintendence and distribution of the Employee Stock Options as per the GTL Employee Stock Scheme 2007.

3. Approved grant of up to 9,00,000 equity shares of the Company as employee stock options to the eligible employees of the Company as may be decided by the compensation committee from time to time.

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