SEBI cracks down on misuse of ESOPs


The Securities and Exchange Board of India (Sebi) has cracked down on the misuse of Employee Stock Option Plans (Esops) and other employee benefit schemes by promoters. In its latest board meeting, the regulator decided such schemes would not be allowed to make purchases from the secondary market.
http://www.business-standard.com/india/news/sebi-cracks-downmisuseesops/483995/

 

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