Emco Ltd: Outcome of Board Meeting

Emco Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 03, 2011, inter-alia, has decided to frame a new Employee Stock Option Scheme (ESOS) -2011 and authorized the Compensation Committee of Directors to finalise the scheme In accordance with the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, the Listing Agreement and other applicable laws, rules, regulation and guidelines. The said scheme is subject to the approval of Shareholders of the Company.