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Esop to director

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(Querist)
09 December 2011 share under esop can be issued to a director in a private limited company?
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RG - A Helping Hand

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RG - A Helping Hand (Expert)
10 December 2011 ESOP provisions and guideline issued by SEBI for listed company is not applicable to a private company.

Hence a private company is allowed to draft ESOP scheme according to its wish and you can give ESOP to your director.

RG
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