Milkfood has informed that the Board of Directors of the Company at its meeting held today, has considered and approved the following which shall be subject to the approval of shareholders of the Company and applicable regulatory authorities as the case may be: The Board have considered and approved ‘Milkfood Limited Employee Stock Option Plan 2022’ (‘Milkfood ESOS 2022/Scheme/ Plan)’, subject to the approval of the shareholders of the Company as required under Regulation 6 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and Section 62(1)(b) of the Companies Act, 2013. Meeting of the Board of Directors commenced at 02.00 pm and concluded at 03.00 pm.
The above information is a part of company’s filings submitted to BSE.
