https://www.taxtmi.com/circulars?id=2102 Listed Indian companies may allot shares under Employees Stock Option Scheme to employees who are citizens of Bangladesh and Sri Lanka, overriding the prior exclusion under the Foreign Direct Investment framework. The instruction is issued under FEMA and remains subject to any other statutory permissions or approvals; Authorised Dealer Banks are to inform constituents and customers accordingly. en-us Fri, 01 Oct 2004 00:00:00 +0530 Sat, 04 Oct 2008 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2102 Listed Indian companies may allot shares under Employees Stock Option Scheme to employees who are citizens of Bangladesh and Sri Lanka, overriding the prior exclusion under the Foreign Direct Investment framework. The instruction is issued under FEMA and remains subject to any other statutory permissions or approvals; Authorised Dealer Banks are to inform constituents and customers accordingly. Circulars FEMA Fri, 01 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2102