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Explain the following term/concept. Employee Stock Purchase Scheme - Secretarial Practice

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Question

Explain the following term/concept.

Employee Stock Purchase Scheme

Short Note

Solution

Under Employee Stock Purchase Scheme (ESPS), the company offers equity shares to its employees at a discounted price which they can buy at a future date. The company deducts a certain amount from the salary of the employee towards the payment for the shares.

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Methods of Issue of Shares
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Chapter 3: Issue of Shares - Explain the following terms/concepts

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