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<h1>Employee Stock Purchase Scheme: Promoters and Directors with Over 10% Equity Excluded from Participation</h1> An employee is eligible to participate in the Employee Stock Purchase Scheme (ESPS) unless they are a promoter or part of the promoter group. Directors who, directly or indirectly, hold more than 10% of the company's outstanding equity shares, either personally, through relatives, or via any corporate entity, are also ineligible to participate in the ESPS.