TMI BlogVariation of terms of the schemeX X X X Extracts X X X X X X X X Extracts X X X X ..... holders but not yet exercised by the employees, if such variation is not prejudicial to the interests of the employees. (2) The investment manager shall obtain the approval of unitholders as per sub-regulation (5) of regulation 22 of these regulations before varying the terms of the unit based employee benefit scheme. (3) Notwithstanding the provisions of sub-regulation (1), the investment manager ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ock market: Provided that the investment manager shall ensure that such repricing is not detrimental to the interests of the employees and approval of the unitholders has been obtained for such repricing as per sub-regulation (5) of regulation 22 of these regulations. ] ************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/192 dated 09-07-2024 - - statute, statutory provi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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