SEBI Circulars No. CIR/CFD/DIL/3/2013 dated January 17, 2013 and -CIR/CFD/DIL/7/2013 dated May 13, 2013 - Extension of time line for alignment

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..... 17, 2013 and -CIR/CFD/DIL/7/2013 dated May 13, 2013 - Extension of time line for alignment 1. SEBI vide circular No. CIR/CFD/DIL/3/2013 dated January 17, 2013, inter alia, made certain amendments to the Equity Listing Agreement and SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 ["SEBI (ESOS and ESPS) Guidelines, 1999"] in order to address the co .....

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..... Guidelines, 1999 for framing a set of regulations with a view to ensure better enforceability, address the concerns raised with regard to composition of employee welfare trusts, disclosures, etc. and to enable secondary market transactions with adequate safeguards. As part of the said process, SEBI has issued a discussion paper on November 20, 2013. 4. In light of the ongoing review, it has been .....

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