G Ltd. grants 100 share options to each of its 690 employees. Each grant containing condition in the employees of G Ltd. as :
I) Working over the next 4 years.
ii) It is estimated that 30% of employees will leave during 4 years period.
iii) Hence forfeit the right of share option.
(a) What will be the amnount of expenses to be recognised during vesting period.
(b) Work out the amount of securities premium.
(c) Give the journal entry of the exercise period. N.B. The fair value of each option is ₹15.