https://www.taxtmi.com/circulars?id=60046 SEBI amended ESOS/ESPS Guidelines to require fair value disclosure of employee compensation and impact on profits and EPS, expand Directors' Report and IPO disclosures for options in the three years before IPO, change the market price definition to the latest closing price prior to the Board meeting (highest volume exchange where multiple listings exist), require merchant banker appointment for scheme implementation, treat trust administered schemes as company administered for accounting, and impose ratification and restrictions on pre IPO scheme grants and modifications. en-us Thu, 22 Jul 2004 00:00:00 +0530 Wed, 06 Mar 2019 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60046 SEBI amended ESOS/ESPS Guidelines to require fair value disclosure of employee compensation and impact on profits and EPS, expand Directors' Report and IPO disclosures for options in the three years before IPO, change the market price definition to the latest closing price prior to the Board meeting (highest volume exchange where multiple listings exist), require merchant banker appointment for scheme implementation, treat trust administered schemes as company administered for accounting, and impose ratification and restrictions on pre IPO scheme grants and modifications. Circulars SEBI Thu, 22 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60046