Employee Stock Option Plan: Board + SR for each scheme, minimum 1-year vesting. ESOP (S.62(1)(b)) takes 6 steps over about 125 days and is filed with the ROC on MGT-14.
Last updated: 10 August 2026
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
6 steps over about 125 days, filing MGT-14 with the ROC. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Draft ESOP Scheme | None | within 14 days |
| 2 | Board Approval | None | within 7 days |
| 3 | Pass Separate SR for Each Scheme | None | within 30 days |
| 4 | File MGT-14 | MGT-14 | within 30 days |
| 5 | Grant Options to Employees | None | within 14 days |
| 6 | SEBI Filings (if listed) | None | within 30 days |
The 6 steps below run in order; the day counts show how long each one allows.
Draft ESOP scheme with grant price, vesting schedule (min 1 year), exercise period, and eligibility.
Board approves the ESOP scheme.
Members pass SR at GM. Separate SR required for each ESOP scheme.
File SR with ROC.
Issue grant letters to eligible employees as per scheme terms.
File required disclosures with SEBI for listed companies.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
About 125 days across 6 steps. The first step is: Draft ESOP Scheme.
MGT-14. MGT-14 is the filing of resolutions filing under §117 of the Companies Act 2013.
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.