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Variation of terms of ESOS

Para 7 - Guidelines - Employee Stock Option Scheme and Employee Stock Purchase Scheme - SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 - Para 7 - 7. : 7.1 The company shall not vary the terms of the ESOS in an .....

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or shall disclose full details of the variation, the rationale therefor, and the details of the employees who are beneficiary of such variation. [1][7.5 A company may reprice [2][the options which are not exercised, whether or not they have been vest .....

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