Gazette notification GSR 534(E) dated 14/07/2011-clarification regarding - Employee of a company holding shares of company up to 0.5% of paid up share capital also covered under category of persons not having any interest in capital of company

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..... ment of India Ministry of Corporate Affairs 5 th Floor, A Wing, Shastri Bhawan, New Delhi, Dated 16 th August, 2012 To, All Regional Directors All Registers of Companies The Institute of Company Secretaries of India The Institute of Chartered Accountants of India The Institute of Cost Accountants of India Subject:- Gazette notification GSR 534(E) da .....

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..... ares under any scheme for allotment of shares to the employees of the company including under Employees' Stock Option Plan (ESOP). It is hereby clarified that any employee of a company holding shares of the company up to 0.5% of paid up share capital thereof under any scheme formulated for allotment of shares to such employees including under Employees' Stock Option Plan or by way of qualificati .....

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