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<h1>Companies Must Disclose Details Before Offering Employee Stock Options Under Regulation 16 of 2021 SEBI Regulations</h1> Regulation 16 of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, outlines the administration and implementation of the Employee Stock Option Scheme (ESOS). It mandates that the ESOS must detail its implementation and operation procedures. Additionally, companies are prohibited from offering ESOS unless they provide the specified disclosures to prospective option grantees, as outlined in Part G of Schedule I of these regulations.