Race Eco Chain Ltd - Board Meeting Intimation for Approving The Race Employees Stock Appreciation Right Scheme Through Trust Route . To Approve The Proposal For Migration Of The Company From BSE SME Platform To The Main Board Of ('BSE') And ('NSE'),. Any Other Business With Permission Of Chair.
28 Dec 2022
Race Eco Chain Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/01/2023 ,inter alia, to consider and approve Race Employees Stock Appreciation Right Scheme through Trust route for the employees of the Company; and authorization to the said trust to acquire shares of the Company from the secondary market, subject to requisite approvals and provisions of the applicable laws, rules and regulations. To consider and approve the proposal for migration of the Company from BSE SME Platform to the Main Board of BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE'), as per the applicable provisions of the SEBI Regulations. Any other business with permission of Chair.
Source:
BSE India