Omkar Speciality Chemicals has informed that the Board of Directors of the Company at its meeting held on May 18, 2015, has discussed and approved that the Board of Directors has recommended for formulating the scheme of Employee Stock Option Plan (ESOP) named as ‘OSCL ESOP 2015’, subject to the approvals of the concerned regulatory authorities and the members of the Company, Constitution/Reconstitution of the various committees of the Board of Directors, Pursuant to the requirements of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulation, 2015, the Company have formulated and published on its website www.omkarchemicals.com, the ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’, a copy of which is enclosed and Pursuant to the requirements of Regulation 9 of SEBI (Prohibition of Insider Trading) Regulation, 2015, the Company has formulated the ‘Code of Internal Procedures and Conduct for prevention of Insider Trading’.
The above information is a part of company’s filings submitted to BSE.
