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of <h1>Shareholders Must Approve Employee Benefit Schemes with Special Resolution per SEBI Regulations, 2021; Separate Resolutions for Key Actions.</h1> Shareholders' approval is required for any employee benefit scheme under the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Such approval must be obtained via a special resolution in a general meeting. The explanatory statement for the resolution must include specific information as outlined in the regulations. Separate resolutions are needed for secondary acquisitions, capital expansions, and granting options or benefits to employees of subsidiary or holding companies, or when benefits exceed one percent of the issued capital in a year.
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