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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Regulation 24: Minimum One-Year Vesting for Stock Appreciation Rights in Mergers and Amalgamations</h1> Regulation 24 of the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014, mandates a minimum vesting period of one year for Stock Appreciation Rights (SAR) schemes. If a SAR is granted by a company in exchange for a SAR held under a scheme of another company that has merged or amalgamated with the first company, the vesting period of the original SAR will count towards the required minimum vesting period for the new SAR.