https://www.taxtmi.com/acts?id=43505 Regulation 17M authorises the investment manager to vary terms of a unit based employee benefit scheme not yet exercised by employees so long as changes are not prejudicial to employees; unitholder approval is required per regulation 22(5) except where changes are needed to meet legal or regulatory obligations. Notices and resolutions must disclose full details, rationale, affected employees and information as per Part C of Schedule IX or Board directions. The investment manager may reprice unexercised options if unit price decline renders the scheme unattractive, subject to non-detriment to employees and unitholder approval. en-us Wed, 17 Jul 2024 12:15:33 +0530 Tue, 27 Aug 2024 12:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43505 Regulation 17M authorises the investment manager to vary terms of a unit based employee benefit scheme not yet exercised by employees so long as changes are not prejudicial to employees; unitholder approval is required per regulation 22(5) except where changes are needed to meet legal or regulatory obligations. Notices and resolutions must disclose full details, rationale, affected employees and information as per Part C of Schedule IX or Board directions. The investment manager may reprice unexercised options if unit price decline renders the scheme unattractive, subject to non-detriment to employees and unitholder approval. Act-Rules SEBI Wed, 17 Jul 2024 12:15:33 +0530 https://www.taxtmi.com/acts?id=43505