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BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
532809
Company
FIRSTSOURCE SOLUTIONS LTD.
Exchange Received Time
06/11/2019 15:00:46
Exchange Disseminated Time
06/11/2019 15:00:53
Time Taken
00:00:07
Firstsource Employee Stock Option Plan 2019 |
11/06/19 15:00
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as recommended by the Nomination & Remuneration Committee at its meeting held today, the Board has approved the implementation of the 'Firstsource Employee Stock Option Plan 2019' (the 'Plan'), pursuant to Section 62 and other applicable provisions of the Companies Act 2013 and SEBI (Share Based Employee Benefits) Regulations, 2014 ('SEBI SBEB Regulations'), in supersession of Firstsource Solutions Employee Stock Option Scheme 2003. Brief details of the Plan are set out in 'Annexure A' enclosed herewith.
Further, please note that the Plan has been approved by the shareholders of the company vide special resolution dated 2 August 2019, which shall be implemented upon formation of trust for the said purpose.
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