SEBI on Tuesday, 16th June, 2015 issued a Circular stating the Requirments as required under SEBI (Share Based Employee Benefit) Regulations, 2014.
The said regulations were notified by SEBI on 28th October, 2014.
The said Circular can be accessed at the following link: SEBI Circular No. CIR/CFD/POLICY CELL/2/2015 dated 16th June, 2015