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| Exchange Disseminated Time 03/11/2016 16:39:02 | Tube Investments of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 03, 2016, have approved the following:
- Introduction of Employee Stock Option Plan 2016:
The Board approved the introduction of an Employee Stock Option Plan (ESOP 2016) for the grant of stock options to eligible employees in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014, subject to approval by the shareholders of the Company by means of a postal ballot.
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