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        SEBI

        Regulation 25 - Rights of the SAR holder

        Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014
        Part C
        STOCK APPRECIATION RIGHTS SCHEME (SARS)

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        Stock appreciation rights restrict shareholder rights; SAR holders have no dividend, voting, or shareholder benefits. Regulation 25 provides that an employee granted Stock Appreciation Rights does not have the right to receive dividends, to vote, or in any manner enjoy the benefits of a shareholder in respect of SARs granted to him.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Stock appreciation rights restrict shareholder rights; SAR holders have no dividend, voting, or shareholder benefits.

                                Regulation 25 provides that an employee granted Stock Appreciation Rights does not have the right to receive dividends, to vote, or in any manner enjoy the benefits of a shareholder in respect of SARs granted to him.


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