Tag: informal guidance

Stock brokers may fund payment of exercise price in ESOP and/or RSUs which shall be adjusted against the sale proceeds The applicant was a registered Stock Broker. It sought clarification from SEBI under the Informal Guidance Scheme on the interpretation of Regulation 9(2) of SEBI (Share Based Employee …

Promoters daughters are immediate relatives and part of promoter group irrespective of marriage or living a separate life or no involvement in management – SEBI Promoters daughters are part of promoter group  SEBI replying to a informal guidance has stated that by virtue of the definition of ‘promoter …