Page 95 - BCML AR 2019-20
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BALRAMPUR CHINI MILLS LIMITED
on such performance evaluation any increase in remuneration shall value for all stakeholders. The stock options plan is long term for
be considered. eight years after vesting time of one year from the date of grant of
options.
Long Term Incentive Employee Stock Option Scheme
The Company has in place a Employees Stock Option Scheme 7. Supplementary Provisions
for the Non-Promoter Executive Director(s) and employees of the The Committee may review this Policy periodically and suggest
Company with the objective of aligning interests of the executive revisions in this Policy to the Board to ensure this Policy serves its
management and key employees with the long-term goals of the purpose and accurately reflects the sense of the Board and the
Company and its shareholders and also to attract and retain talent Company.
to align the interest of employees with those creating sustainable
Annual Report 2019-20 | 93
