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| Exchange Disseminated Time 10/08/2016 20:08:19 | Maxwell Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 10, 2016, inter alia, has approved the following :
1. To introduce and implement Maxwell Industries Limited Employee Stock Option Scheme - 2016.
2. To extend the benefits of Maxwell Industries Limited Employee Stock Option Scheme - 2016 to the employees of Holding / Subsidiary company(ies).
Further, the Board of Directors have decided to seek approval of the shareholders for the agenda items no. 2 & 3 above in the ensuing Annual General Meeting of the Members of the Company. |
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