The document discusses employee stock option plans (ESOP). ESOPs allow employees to purchase company shares at a concessional price, earning a capital gain if the market price rises. The objectives of ESOPs are to reward performance, enhance retention, attract talent, reward loyalty, and create wealth for employees. ESOPs are offered to senior, middle, and junior employees at varying percentages. The process involves an HR department creating an option plan, employees accepting and later exercising the option, and shares being issued to the employee's account. To be eligible, an employee must be permanent and not own more than 10% of company shares. ESOPs operate through a trust funded by tax-deductible company contributions distributed