Accounting Policies for ESPS

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..... es so issued shall be treated as another form of employee compensation in the financial statements of the company. [1] [(b) The accounting value of shares issued under ESPS shall be equal to the aggregate of price discount over all shares issued under ESPS during any accounting period; Explanation : For the purposes of this clause, price discount means the excess of the market price of .....

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..... ce is ₹ 160) ******* [1] Substituted vide circular no. SEBI/CFD/DIL/ESOP/3/2004/22/7 dated July 22, 2004, w. e. f. July 22, 2004. Prior to its substitution, Schedule II (b) read as under: (b) The accounting value of shares issued under ESPS shall be equal to the aggregate of price discount over all shares issued under ESPS during any accounting p .....

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