Reliance Announces ESOPs For 18
Reliance Announces ESOPs For 18
Reliance Announces ESOPs For 18
The value of these shares at today’s price works out to a little more
than Rs 4,000 crore.
The shares under the ESOP announced on April 14 will have a seven-
year vesting period and the employees will get on an average five
years for exercising their options to acquire these shares. The pricing
will be under a pre-determined formula.
The conference explored the forces underlying changing view, trends arising
from these changes, and the implications for companies that currently maintain
or are considering implementing ESOPs.
Over the various sessions covered regulatory issues relating to SEBI Guidelines,
RBI and FEMA, Companies Act, CBDT, Compliance, Tax implication for
Indian plans When the ESOP plans extend to employees in other countries
needed to be revised the conference focused on some of the regulatory issues
that need to be revised or clarified. It provided an update on changes in
regulatory requirements in terms of Indian as well as Global Plans.