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July 2015
Recent RBI Circular modifying regulatory requirements in connection with Grant of ESOPs/ Sweat Equity Shares to Non-residents
Recently, the RBI has issued a directive under A. P. (DIR Series) Circular No. 4 dated July 16, 2015 after amending the aforesaid Regulations last month. This amendment sought to modify the extant requirements to certain extent.

In this issue of ESOP Vistas, we have analyzed important aspects of this Circular that would help understand and comply with the amended provisions.
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