TMI BlogShareholder approvalX X X X Extracts X X X X X X X X Extracts X X X X ..... 6.2 The explanatory statement to the notice and the resolution proposed to be passed in general meeting for ESOS shall, inter alia, contain the following information: (a) the total number of options to be granted; (b) identification of classes of employees entitled to participate in the ESOS; (c) requirements of vesting and period of vesting; (d) maximum period (subject to clause 9.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ognized if it had used the fair value of the options, shall be disclosed in the Directors report and also the impact of this difference on profits and on EPS of the company shall also be disclosed in the Directors report. ] 6.3 Approval of shareholders by way of separate resolution in the general meeting shall be obtained by the company in case of; (a) grant of option to employees of subsid ..... X X X X Extracts X X X X X X X X Extracts X X X X
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