https://www.taxtmi.com/acts?id=35930 No employee stock option or purchase scheme may be offered unless shareholders approve a special resolution. The explanatory statement must specify the share price, number of shares offered to each employee, the appraisal process for eligibility, and the total number of shares to be issued. Share counts may differ by employee category and the resolution must state conformity with the prescribed accounting policies. Separate shareholder resolutions are required for allotments to subsidiary/holding company employees and where yearly allotments to identified employees meet the specified capital threshold. en-us Fri, 01 Feb 2019 16:05:44 +0530 Fri, 01 Feb 2019 16:05:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35930 No employee stock option or purchase scheme may be offered unless shareholders approve a special resolution. The explanatory statement must specify the share price, number of shares offered to each employee, the appraisal process for eligibility, and the total number of shares to be issued. Share counts may differ by employee category and the resolution must state conformity with the prescribed accounting policies. Separate shareholder resolutions are required for allotments to subsidiary/holding company employees and where yearly allotments to identified employees meet the specified capital threshold. Act-Rules SEBI Fri, 01 Feb 2019 16:05:44 +0530 https://www.taxtmi.com/acts?id=35930