Securities And Exchange Board Of India - Subsection
Section 2(1)(j) in Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014
(j)"exercise period" means the time period after vesting within which an employee should exercise his right to apply for shares against the vested option or appreciation against vested SAR in pursuance of the schemes covered under Part A or Part C of Chapter III of these regulations, as applicable;