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ESOP

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(Querist)
23 July 2011 Can a private co adopt employee stock option plan ? If yes what is the procedure to be followed.
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RG - A Helping Hand

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RG - A Helping Hand (Expert)
25 July 2011 yes it is very much possible.

Get valuation of the company to fix the price of the company shares.

Arrange a board meeting and discuss the matter. Also prepare ESOP scheme.

Arrange approval of shareholders through an EGM and get the ESOP scheme approved.

You may also take help from any professional firm in this matter.

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