Titan Company has announced a modification to the trust deed of the Titan Employee Stock Option Trust due to changes in the composition of its trustees. This update is in accordance with Regulation 3 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The modification reflects the company’s commitment to maintaining compliance with regulatory standards. The company has provided a copy of the Deed of Variation to detail these changes.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).