Held on 07 November 2016
EID Parry (India) announced that the Board of Directors of the Company at its meeting held on 07 November 2016, inter alia, has approved the following:a. Alteration to the Articles of Association (Articles) of the Company by replacing the existing Articles with a new Articles, to bring it in line with the provisions / requirement of the Companies Act, 2013, subject to approval of the Shareholders through postal ballot.
b. Employee Stock Option Plan 2016 (ESOP 2016) for grant of employee stock options to eligible employees pursuant to the provisions of SEBI (Share Based Employee Benefits) Regulations, 2014 subject to the approval of the shareholders through postal ballot.
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