Dear All,
Please let me know, what is the maximum that a company can grant in ESOP options . The company is public, listed and has a capital of 35 crore. ( I want to know the maximum limit) Also support it with a document or so.
Also send across, any important checklists or points to keep in mind for such grants.
It would be of great help if someone could send the checklists or points for Lapsed Options.
hI
Since the company is a listed one then esop should be as per
SECURITIES AND EXCHANGE BOARD OF INDIA (EMPLOYEE STOCK OPTION
SCHEME AND EMPLOYEE STOCK PURCHASE SCHEME) GUIDELINES, 1999. .
Find attached herewith a suberb checklist for ESOP. However it is a bit detailed one.
As per my previous experience and with reference to your query kindly check your ESOP scheme and your GM resolution for terms and conditions. As grant is totally dependent on ESOP scheme which should be in sync with GM resolution.
Regards
Dear Ankur,
Thanks for your reply. But the file attached is showing something like this
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If you could please reattach the file.
Thanks & Regards,
Snehal
No benefit to attach second time. Let me know your ID through PM only.
Dear Ankur
The file attached by you is not opening.Can u please mail it to me at capankajarya @ gmail.com.
We are a closely held public company and wish to issue stock options to employees. Does any body has a draft ESOP Scheme.
What is the better option for a closely held public co.----- ESOP or Sweat Equity. Readers' replies are solicited....
CAclubindia
