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| Exchange Disseminated Time | Cambridge Technology Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2015, has approved the following:
1. To approve the Employee Stock Option Scheme - 2015 (ESOS-2015) for employees of the Company.
2. To approve the Employee Stock Option Scheme - 2015 (ESOS-2015) for employees of the subsidiary Companies, holding Companies and associate Companies of the Company.
3. To approve the Secondary Market Acquisition of equity shares for implementing Employee Stock Option Scheme - 2015 (ESOS-2015) through Trust.
4. To approve the additional acquisition of the equity shares through Trust.
5. To approve the provision of money by Company for purchase of its own shares by trustees for the benefit of employees pursuant ESOS Scheme - 2015.
6. Approval of draft Notice of the Postal Ballot for passing Special resolutions through Postal Ballot by shareholders of the Company for obtaining their consent with respect to items stated above.
Members holding shares either in physical or demat as on April 24, 2015 being cut-off date would be entitled to cast their votes electronically / through Postal Ballot on the businesses set out in the Notice of postal ballot.
Voting period commences on April 30, 2015 at 9.30 a.m. and ends on close of working hours 6.00 p.m. on May 29, 2015.
The results of voting by postal ballot will be declared at the registered office of the Company on June 01, 2015 and the same will be displayed on the website of the Company. |
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