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V.S. Datey on Companies Act, 2013
  • ESOP

    by Kamal on Friday, March 29, 2019 at 12:34 AM

    Co in FY 2017-18 had passed in its Board & EGM its ESOP Plan and diluted shares to its esop trust and thereafter had granted options to its employees. Now for the year 2018-19, the Co had called Board & EGM to dilute shares in esop trust only. Considering all the terms of ESOP Plan remains same as approved by the Board & AGM in the year 2017-18, can the company grant options to the employees without holding any AGM or mandatory to issue options to employees only after calling AGM

    Replied byV.S. Datey Friday, March 29, 2019 at 01:43 PM

    how options can be granted to employees without approval in AGM? V S Datey

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