EMPLOYEES STOCK OPTION SCHEME (ESOS)

 

Basic Concept

 

Employee  Stock  Option  Scheme  or  ESOS is  a  scheme  under  which  a  Company grant its employees stock option directly or through a trust under which a company offers shares to employees, as part of public issue or otherwise, or through a trust where the trust may undertake secondary acquisition for the purposes of the scheme.

 

The Companies Act, 2013 contains the enabling provisions under section 62 (1) (b) pursuant to which the Company can issue the shares to its employees at a predetermined price with the right to exercise an option to purchase shares in the capital of the Company.

 

Every listed Public Companies are required to comply with the provisions of the Listing Agreement and the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 for issuance of the shares under the Employees Stock Option Scheme or Employees Stock Purchase Scheme.

 

How we help with replying to trademark objection

 

1. Consultation: LEGALRAJ will determine a course of action to assist in issuance of the shares under the Employees Stock Option Scheme or Employees Stock Purchase Scheme.

 

2. Preparation of Documents: Based on the discussion and course of action decided, we will draft the documents for issuance of the shares under the Employees Stock Option Scheme or Employees Stock Purchase Schemeand file necessary E-forms and returns with the jurisdictional Registrar of Companies within decided timelines.