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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Guidelines 1999: Employee Stock Option Schemes Exempt from Preferential Allotment Rules, Different Guidelines Apply</h1> The guidelines for Employee Stock Option Scheme and Employee Stock Purchase Scheme, as outlined by the Securities and Exchange Board of India (SEBI) in 1999, specify that the provisions do not apply to shares issued to employees under the preferential allotment guidelines. This exemption indicates that shares allocated to employees through preferential allotment are governed by separate SEBI guidelines, distinct from those applicable to general employee stock schemes.
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