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Fermenta Biotech Ltd - Board to consider Bonus Issue
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17 Dec 2019
Fermenta Biotech Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on December 24, 2019, inter alia:&lt;BR&gt;&lt;BR&gt;1. To consider, approve and adopt Trust Deed of Fermenta Biotech Limited ESOP Trust, Fermenta Biotech Limited- Employee Stock Option Plan 2019 and all other relevant documents thereto by modifying the same in view of the order for Scheme of Amalgamation dated September 19, 2019 issued by the National Company Law Tribunal, Mumbai;&lt;BR&gt;&lt;BR&gt;2. To consider, approve and adopt amendment to Fermenta Biotech Limited- Employee Stock Option Plan 2019, subject to members approval; and&lt;BR&gt;&lt;BR&gt;3. To consider and recommend the issue of bonus equity shares to the members of the Company.&lt;BR&gt;&lt;BR&gt;In accordance with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Company&apos;s Code of Conduct to Regulate, Monitor and Report Trading by Insiders, the Trading Window&quot; (period for trading in Companys securities) has been closed with effect from December 17, 2019 and shall continue to remain closed till 48 hours after the publication of the outcome of the Board Meeting. During the closure of Trading Window, all Directors, Promoters, Insiders, Designated Persons including Auditors shall not, directly or indirectly trade or deal or enter into any transaction involving sale or purchase of the Companys Equity Shares, either in their own name or in the name of their immediate relatives.&lt;BR&gt;&lt;BR&gt;Terms not defined in this notice shall have the same meaning as defined in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company&apos;s Code of Conduct to Regulate, Monitor and Report Trading by Insiders.
View all announcements for Fermenta Biotech Ltd Source: BSE India