Under the SEBI (Share Based Employee Benefits) Regulations, 2014, appreciation
means the difference between the ______________.
a) market price of the share of a company on the date of exercise of stock appreciation
right (SAR) or vesting of SAR, as the case may be, and the SAR price.
b) face value of the share of a company on the date of exercise of stock appreciation right
(SAR) and vesting of SAR, as the case may be, and the SAR price.
c) market price of the share of a company on the date of exercise of share appreciation
right (SAR) and the SAR price.
d) face value of the share of a company on the date of exercise of share appreciation right
(SAR) and the SAR price.

1 Answer

Answer :

market price of the share of a company on the date of exercise of stock appreciation
right (SAR) or vesting of SAR, as the case may be, and the SAR price.

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