Employee eligibility for ESPS excludes promoters, promoter-group members and directors with substantial equity holdings from participation. Eligibility to participate in ESPS is limited to employees. Promoters and members of the promoter group are ineligible. A director who, directly or ... Summary
Employee eligibility for ESPS excludes promoters, promoter-group members and directors with substantial equity holdings from participation.
Eligibility to participate in ESPS is limited to employees. Promoters and members of the promoter group are ineligible. A director who, directly or indirectly through relatives or any body corporate, holds more than 10% of the outstanding equity shares of the company is also ineligible to participate in the ESPS.
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