ESOP Consulting

Is the administration/communication of your ESOP taking up too much of your time or becoming too much of a burden on your staff? If so, outsourcing your ESOP administration requirements and your employee communication needs to Sumanth & Associates may be just the answer you have been looking for.

Sumanth & Associates provides end-to-end services covering the entire lifecycle of Equity compensation Plans. We design the Plan, help you roll it out to employees and also manage it for you on a day-to-day basis. With ESOPs being adopted by wider spectrum of companies, more regulations being enforced, global plans and overseas employees being covered, ESOP is fast becoming a subject requiring specialized knowledge and expertise.  Offload the process to Sumanth & Associates professionals who are aware about the issues involved, the prevailing laws and the best practices in the field.

Planning
  • Conceptualization of the plan
  • Assist to set the right frames for varied requirements.
  • Design & document the most appropriate ESOP plan in alignment with corporate objective & management perspectives.
  • Analysis of the Existing ESOP Schemes and upgrade them to increase their effectiveness.
Implementation
  • Pass necessary shareholder and board resolution for adopting the scheme
  • Interactive sessions with the employees to educate them on stock options
  • Set up systems & procedure for smooth & hassle free implementation of ESOPs
Administration
  • Execution of Grant letters and Grant agreements to option grantees
  • Track Status of acceptance of grant by employees
  • Beneficiary/Nominee form execution
  • Managing the complete lifecycle of ESOP.
Valuation
  • Providing ESOP Valuation report
  • Assist in Accounting Entries to book compensation cost in Books of Accounts as per the prescribed accounting standards
  • Providing necessary Disclosures in Directors Report / Notes to Accounts are made
  • Compliances under FEMA and SEBI Laws.
  • Obtaining Regulatory Approvals
Trust Management
  • Legal Documentation of Trust Creation
  • Registration of trust
MIS reports
  • Grant Consolidated Report
  • Grant Summary Report
  • Cancellation / Lapse Report
  • Vestwise Report
  • Individual Options Summary Report
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