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Outcome of board meeting of EMCO

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Capital Market
Last Updated : Jun 02 2016 | 12:28 PM IST

Held on 01 June 2016

EMCO announced that pursuant to the approval given by the shareholders at their Extra Ordinary General Meeting held on 22 January 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 01 June 2016 passed a resolution for deciding the Vesting Period for the Options granted under "EMCO Limited - Employee Stock Option Scheme - 2015".

The ESOP Committee has decided that the Vesting Period for the Options granted under "EMCO Limited - Employee Stock Option Scheme - 2015" shall be one year after the date of grant of the options.

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First Published: Jun 02 2016 | 11:59 AM IST

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