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| Exchange Disseminated Time 27/05/2016 08:35:43 | Geojit BNP Paribas Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2016, has transacted the following:
1. Allotment of ESOP 2010
The Board of Directors of the Company has allotted 1,62,884 equity shares of the face value of Re. 1 each to employees of the Company and subsidiaries at its meeting held today upon exercise of stock options under Employees Stock Option Plan 2010 (Tranch I, Tranch II & Tranch III).
2. Introduction of new ESOP Scheme (ESOP -2016)
The Board of Directors approved a new ESOP (ESOP-2016) for the employees of the Company, its subsidiaries/associates subject to the approval of shareholders and other requisite regulatory approvals.
3. Recommendation for Change in Statutory Auditors
The Board recommended appointment of M/s. BSR & Associates LLP Chartered Accountants as Statutory Auditors of the Company in place of Deloitte Haskins & Sells LLP, Chartered Accountants, Kochi subject to the approval of Shareholders at the ensuing Annual General Meeting. M/s. Deloitte Haskins & Sells LLP were the statutory auditors of the Company since 2000.
4. Annual General Meeting (AGM)
The Board of Directors of the Company has decided to convene the 22nd Annual General Meeting (AGM) of the Shareholders of the Company on July 20, 2016.
The Meeting of the Board of Directors commenced at 4.00 p.m. and concluded at 8.15 p.m. |
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