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BPCL approves employees stock option at one-third market price

State owned Bharat Petroleum Corp Ltd (BPCL) has approved to offer its employees stock options at one third of the market price ahead of its privatisation as Expression of Interest (EoI) which is due on September 30. The board of BPCL "approved the proposed Employee Stock Purchase Scheme (ESPS) to the specified employees through the trust mechanism, subject to the approval of the shareholders".

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