Bhola Ltd a listed company would like to introduce a share-based employee welfare or employee benefit scheme as per SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 for its employees. The company w

Answer 3(c) As per Regulation 2(1)(j) of the SEBI (Share based Employee Benefits and Sweat Equity) Regulations, 2021 "Employee stock option scheme or ESOS" means a scheme under which a company grants employee stock options to employees directly or through a trust whereas Regulation 2(1)(k) defines "Employee stock purchase scheme or ESPS" as a scheme 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.