Employees Stock Purchase Scheme
Pooja Jain (11 Points)
27 November 2018
what is employees stock purchase scheme??
2 Replies
Hitesh
(Student)
(3549 Points)
Replied 27 November 2018
An employee stock purchase plan (ESPP) is a company-run program in which participating employees can purchase company shares at a discounted price
kapil gupta
(217 Points)
Replied 28 November 2018
employee stock purchase scheme under SEBI(ICDR)Regulation,2009 provides that it is a scheme under which permanent employee of company whether working in india or outside india get the SHARES of the company either directly in a public issue or through trust at a discounted price.
For this company need to pass special resolution
u/s62(1)(c) and if listed company shall comply with sebi regualtions and unlisted company shall comply with cg prescribe rules
Also,Esps have a lock in period and minimum vesting period of one year.
For this company need to pass special resolution
u/s62(1)(c) and if listed company shall comply with sebi regualtions and unlisted company shall comply with cg prescribe rules
Also,Esps have a lock in period and minimum vesting period of one year.
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