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EMCO LTD. - Outcome of ESOP Committee Meeting
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01 Jun 2016
Emco Ltd has informed BSE that pursuant to the approval given by the shareholders at their Extra Ordinary General Meeting held on January 22, 2015 and in order to confirm with Regulation 18(1) of the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014, the ESOP Committee of the Company has at its meeting held on June 01, 2016 passed a resolution for deciding the Vesting Period for the Options granted under &quot;EMCO Limited - Employee Stock Option Scheme - 2015&quot;.&lt;BR&gt;&lt;BR&gt;The ESOP Committee has decided that the Vesting Period for the Options granted under &quot;EMCO Limited - Employee Stock Option Scheme - 2015&quot; shall be one year after the date of grant of the options.&lt;BR&gt;&lt;BR&gt;A copy of the ESOP Committee resolution is enclosed.
View all announcements for EMCO LTD. Source: BSE India