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    <title>Relaxation from the requirement of minimum vesting period in case of death of employee(s) under SEBI (Share Based Employee Benefit) Regulations, 2014</title>
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    <description>The circular provides that the one year minimum vesting period under the SEBI (Share Based Employee Benefit) Regulations shall not apply in case of an employee&#039;s death and that all options, SAR or other benefits granted to the employee shall vest in the legal heir or nominee on the date of death; this relaxation applies to employees who died on or after April 1, 2020 and is issued under Section 11(1) of the SEBI Act.</description>
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      <description>The circular provides that the one year minimum vesting period under the SEBI (Share Based Employee Benefit) Regulations shall not apply in case of an employee&#039;s death and that all options, SAR or other benefits granted to the employee shall vest in the legal heir or nominee on the date of death; this relaxation applies to employees who died on or after April 1, 2020 and is issued under Section 11(1) of the SEBI Act.</description>
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      <pubDate>Tue, 15 Jun 2021 00:00:00 +0530</pubDate>
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