https://www.taxtmi.com/acts?id=34218 Regulation 23 requires SAR scheme documents to state implementation and operational mechanics, permits companies to choose cash or equity settlement, mandates cash payment for any fractional shares arising on equity settlement, and prohibits offering SARs without making the Board specified disclosures to prospective grantees. en-us Sat, 29 Dec 2018 13:18:43 +0530 Sat, 29 Dec 2018 18:03:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34218 Regulation 23 requires SAR scheme documents to state implementation and operational mechanics, permits companies to choose cash or equity settlement, mandates cash payment for any fractional shares arising on equity settlement, and prohibits offering SARs without making the Board specified disclosures to prospective grantees. Act-Rules SEBI Sat, 29 Dec 2018 13:18:43 +0530 https://www.taxtmi.com/acts?id=34218