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Hero MotoCorp Allots Equity Shares To Employees As Stock Option

Hero MotoCorp Allots Equity Shares To Employees As Stock Option
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ASIC Consults On Modifications To The Employee Share Schemes Regime

<p><span>In response to requests from stakeholders, ASIC has today released a consultation paper proposing to provide relief in relation to the employee share scheme (ESS) regime in Part 7.12 of the Corporations Act. The ESS regime takes effect on 1 October 2022.  &nbsp;</span></p>

Hero MotoCorp allots 9,672 equity shares under ESOP

Hero MotoCorp has allotted 9,672 equity shares of face value of Rs. 2/- each to the eligible employees of the Company who have exercised their stock options/units under the following Plans framed under Employee Incentive Scheme 2014. With this allotment, the paid-up share capital of the Company has increased to Rs. 39,95,79,778 divided into 19,97,89,889 equity shares of face value of Rs. 2/- each. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to

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