A listed company has granted Employee Stock Options of 1000 shares under the scheme to Niraj. He is in need of funds. Therefore against the mortgage options, he took the loan from Quick Finance Ltd., a NBFC. Is the actio
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2023
A listed company has granted Employee Stock Options of 1000 shares under the scheme to Niraj. He is in need of funds. Therefore against the mortgage options, he took the loan from Quick Finance Ltd., a NBFC. Is the action of employee is legally valid as per Regulation 9 of SEBI Regulations 2021?
Topics: SEBI (Share Based Employee Benefits and Business Trust) Regulations, 2021
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