The process for acquiring ESOP shares may vary depending on the company. Here’s a streamlined overview:

1. Status Selection:
Decide whether to acquire shares in NRE or NRO mode if your company offers this option.

2. Payment:

• NRE Mode: Payments must be made from an NRE bank account or through foreign funds.
• NRO Mode: Payments can be made from an NRO account.

3. Demat Account:
Provide your demat account details for the share transfer. The type of demat account (NRE or NRO) should match the selected acquisition mode.

4. Assistance:
If you don’t have an ESOP account, Navia can help you set up the necessary demat account to receive your shares.

Comprehensive ESOP Support from Navia

Navia assists clients through every step of the ESOP process, including:

• Account Setup: Opening the required demat accounts.
• Share Allotment: Ensuring smooth transfer and management of ESOP shares.
• Retaining or Selling Shares: Providing guidance on holding or liquidating ESOP shares.
• Regulatory Compliance: Ensuring all transactions comply with regulations.
• Tax Payment: Managing tax obligations related to ESOPs.
• Fund Repatriation: Facilitating the repatriation of funds for NRIs and foreign nationals.

Navia handles ESOP accounts for several prestigious companies, offering expert support throughout the process.

ESOP Accounts Managed by Navia Include:  HCL Technologies, Infosys Limited, Hexaware Limited, ITC Limited, Happiest Minds, Wipro, Tech Mahindra, L&T Technology Services, Persistent Technologies, Coforge Limited