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IT major, Capgemini has announced the launch of its ninth Employee Share Ownership Plan ESOP. This...
Online food delivery platform, Zomato has allotted nearly . crore shares to its employees from it...
Indias second-largest IT service provider company, Infosys in order to retain the talent has increa...
Paytm last week granted 3.97 million new stock options to employees under the One97 Employees Stock Option Scheme 2019 (‘Esop 2019‘). The exercise price of these stock options is Rs 9. The Noida-based fintech also allotted 177,114 equity shares to employees who have vested their options. The Company’s scheme includes provisions for dealing with the […]
Online food delivery major, Zomato founder, and CEO, Deepinder Goyal announced through an internal memo to donate around $90 million from the vested Employee Stock Ownership Plan (ESOP) to Zomato Future Foundation (ZFF) for the education of delivery partners’ children. Zomato’s founder, and CEO, Deepinder Goyal said, “I am donating all the proceeds from these […]
Digital commerce platform Meesho on Friday said it has introduced an annual ‘MeeSOP’ programme, wherein every full-time employee will be able to convert upto 25 per cent of their annual CTC into ESOPs (Employee Stock Ownership Plan). Under the programme, every full-time employee – irrespective of their tenure in the company or their seniority will […]
JSW Group on Monday announced around 16 million shares worth about Rs 1,000 crore in a comprehensive employee stock option plan (Esop) to reward employees of its steel and energy business. The Esop opportunity, payable at a face value of Re 1 per share to the blue-collar and white-collar employees. Most manufacturing firms generally give […]
Locus, a future-ready platform that automates supply chain decisions, today announced that it has allocated $4 million for its ESOP buyback. The buyback is at par with the primary of the Series C fundraise. Both current and former employees will be able to vest their stock options. This is the second such buyback by the […]
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore). In an e-mail […]
Paytm expands ESOP scheme to $604 million Fintech major Paytm on Monday said it has added 242,904 stock options, taking its ESOP pool valuation to USD 604 million (about Rs 4,522 crore). Paytm has added 242,904 stock options taking the existing ESOP pool to 2.4 million equity options. The company’s employee stock ownership plan (ESOP) pool valuation has jumped to USD 604 million […]
Razorpay announces USD 10 million ESOP sale for 750 current, ex-employees Fintech major Razorpay on Thursday announced its third ESOP (Employee Stock Ownership Plan) buyback programme worth USD 10 million (about Rs 73 crore) that will benefit 750 current and former employees of the company. A statement said that Sequoia Capital India and GIC, two […]
MPL raises $500,000 under its Employee Investment Plan E-sports and mobile gaming platform Mobile Premier League (MPL) on Wednesday said it has raised USD 500,000 (about Rs 3.65 crore) from existing employees as part of its Employee Investment Plan. The Employee Investment Plan, which was announced last month, was open to all employees of MPL and they […]
Trident Group to distribute ESOPs worth Rs. 200 cr in next fiscal Trident Group on Wednesday said it will distribute employee stock ownership plans (ESOPs) worth Rs. 200 crore among its employees through the Trident Welfare Trust in the next financial year. “Trident Group has announced distribution of ESOPs worth Rs. 200 crore through the Trident Welfare Trust […]
Food ordering platform, Swiggy announces ESOP liquidity programme Food ordering platform Swiggy on Monday announced a secondary liquidity programme for its employees who were part of the employee stock ownership plan (ESOP) of the company. According to the people in know of the matter, the total quantum of the secondary liquidity programme is between $7-9 […]
Capgemini offers another ESOP to most employees, India staff eligible to participate IT major, Capgemini is rolling out another ESOP plan that covers 96% of workers. This is its seventh employee ownership plan and is aligned to development and performance goals. The subscription value of the new shares can be set on November 5 and […]
