https://www.taxtmi.com/acts?id=43511 Minimum trust deed provisions must identify trust details, trustee powers and duties, beneficiary classes, use of funds and dissolution mode, with trustees required to act in beneficiaries' interests. Unit option schemes must be governed by committee-formulated terms on option quantum, vesting, lapse, exercise periods, corporate-action adjustments, funding and eligibility appraisal. Detailed explanatory statements, prescribed filings to stock exchanges, supporting documents and ongoing undertakings by the investment manager are required, together with annual report and website disclosures covering scheme terms, option movements, valuation method, employee-wise grants and trust unit transactions. en-us Wed, 17 Jul 2024 14:58:27 +0530 Thu, 29 Aug 2024 15:19:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43511 Minimum trust deed provisions must identify trust details, trustee powers and duties, beneficiary classes, use of funds and dissolution mode, with trustees required to act in beneficiaries' interests. Unit option schemes must be governed by committee-formulated terms on option quantum, vesting, lapse, exercise periods, corporate-action adjustments, funding and eligibility appraisal. Detailed explanatory statements, prescribed filings to stock exchanges, supporting documents and ongoing undertakings by the investment manager are required, together with annual report and website disclosures covering scheme terms, option movements, valuation method, employee-wise grants and trust unit transactions. Act-Rules SEBI Wed, 17 Jul 2024 14:58:27 +0530 https://www.taxtmi.com/acts?id=43511