Moneycontrol PRO
Loans
Loans
HomeNewsEsop
Jump to
  • Early Diwali for Flipkart employees as it completes $50 million ESOP buy back from over 7,000 staffers

    Early Diwali for Flipkart employees as it completes $50 million ESOP buy back from over 7,000 staffers

    The ESOP liquidity event comes at a time when a growing list of companies such as Blinkit, Swiggy, Zepto and several others are poaching from Flipkart.

  • Darwinbox completes its third ESOP buyback of Rs 86 crore

    Darwinbox completes its third ESOP buyback of Rs 86 crore

    Darwinbox completes Rs 86 crore ESOP buyback, offering liquidity to over 350 employees across its global offices.

  • SEBI’s ESOP rules for promoters need a rethink

    SEBI’s ESOP rules for promoters need a rethink

    SEBI’s evolving stance on ESOPs for promoters highlights regulatory inconsistencies. A unified, transparent framework is needed to balance founder incentives with public shareholder interests in India’s changing startup landscape

  • Companies' ESOP proposals face opposition from institutional investors this AGM season

    Companies' ESOP proposals face opposition from institutional investors this AGM season

    Some of the institutional investors have voted against ESOP proposals of leading companies such as Wipro, Swiggy, and Schneider Electric among others.

  • Rapido announces ESOP liquidation programme

    Rapido announces ESOP liquidation programme

    Through this initiative, employees are eligible to sell a portion of their vested ESOP units immediately

  • Swiggy's dollar millionaires: 70 employees to pocket over $1 million each as company delivers IPO

    Swiggy's dollar millionaires: 70 employees to pocket over $1 million each as company delivers IPO

    The 70 staffers are part of a wider group of 5,000 employees who earned a staggering Rs 9,000 crore in total, thanks to healthy ESOP payouts, as reported by Moneycontrol earlier

  • Swiggy IPO to mint 500 crorepatis; 5,000 employees set to earn Rs 9,000 crore in total

    Swiggy IPO to mint 500 crorepatis; 5,000 employees set to earn Rs 9,000 crore in total

    Swiggy’s employee stock option (ESOP) payout exercise will be among the top ones in India’s startup scene where companies generating wealth at this scale is rare

  • Whatfix announces $58-mn ESOP buyback and investor liquidity event

    Whatfix announces $58-mn ESOP buyback and investor liquidity event

    Early investors such as Helion and Eight Roads will sell some shares as part of the buyback.

  • Zomato grants 12 million stock options worth Rs 330 crore under ESOP

    Zomato grants 12 million stock options worth Rs 330 crore under ESOP

    The total stock options granted amount to Rs 330.17 crore at Zomato’s current share price of Rs 275.2, which surged by 2.38 percent on October 2

  • ICICI Bank says no salary or ESOPs paid to Sebi chief Buch since 2017

    ICICI Bank says no salary or ESOPs paid to Sebi chief Buch since 2017

    ICICI Bank or its group companies have not paid any salary or granted any ESOPs to Madhabi Puri Buch after her retirement, other than her retiral benefits. It may be noted that she had opted for superannuation with effect from October 31, 2013, the bank said it a statement to media

  • Zomato ESOP plan gets shareholders' nod, 25% oppose the move

    Zomato ESOP plan gets shareholders' nod, 25% oppose the move

    Zomato sought shareholders' approval for a fresh employee stock option plan (ESOP) of 18.2 crore shares, which are worth over Rs 3,800 crore at current market price

  • Nykaa parent FSN E-Commerce Ventures allots 4.73 lakh shares under ESOP

    Nykaa parent FSN E-Commerce Ventures allots 4.73 lakh shares under ESOP

    For the quarter ending March 2024, Nykaa reported a significant increase in its consolidated net profit, which jumped 187 percent to Rs 6.9 crore, compared to Rs 2.4 crore in the same period last year.

  • Zomato stock extends losses on projected ESOP expense increase in FY25

    Zomato stock extends losses on projected ESOP expense increase in FY25

    Zomato’s ESOP cost almost doubled to Rs 161 crore in the March quarter, compared to Rs 84 crore in the year-ago period. Zomato management expects the ESOP charge to increase further in FY25.

  • Zomato seeks shareholder approval for ESOP plan of 18.2 cr shares worth over Rs 3,500 cr

    Zomato seeks shareholder approval for ESOP plan of 18.2 cr shares worth over Rs 3,500 cr

    Zomato’s ESOP cost almost doubled to Rs 161 crore in the March quarter, compared to Rs 84 crore in the year-ago period.

  • Pocket FM completes first ESOP buyback worth $8.3 million

    Pocket FM completes first ESOP buyback worth $8.3 million

    Pocket FM, which offers serialised audio content across genres, raised $103 million in Series D funding at a valuation of $750 million in March

  • Meesho announces ESOP buyback of Rs 200 crore; likely to benefit 1,700 employees

    Meesho announces ESOP buyback of Rs 200 crore; likely to benefit 1,700 employees

    For SoftBank-backed Meesho, this is the fourth ESOP buyback programme. It first started buying back shares from employees in February 2020

  • Freshworks board cancels Girish Mathrubootham’s CEO Performance Award of 6 million stock units

    Freshworks board cancels Girish Mathrubootham’s CEO Performance Award of 6 million stock units

    The board has also announced grant of time-based and performance based restricted stock units (RSUs) to other top executives in the firm including its President and CFO.

  • Tax on ESOPs - How NRIs can navigate the rule book

    Tax on ESOPs - How NRIs can navigate the rule book

    Indian multinationals such as Infosys and Wipro are known for granting ESOPs (employee stock ownership plans) to their employees. If you work at any of their overseas offices, the taxation of your ESOPs will depend on the tax rules of India, the country where these companies are based, and of the country where you reside.

  • IIFL Finance offers Rs 180 cr ESOP to 4,000 employees

    IIFL Finance offers Rs 180 cr ESOP to 4,000 employees

    This is the largest such Employee Stock Option (ESOP) scheme for frontline employees across industries and the first in the Banking Finance Services and Insurances (BFSI) sector, the company said in a statement.

  • Bullish on India | Startup ESOP cashouts hit $1.5 billion over 3 years

    Bullish on India | Startup ESOP cashouts hit $1.5 billion over 3 years

    ESOPs turn into real bank balance for thousands of startup employees despite a taxation regime that is seen as adverse to availing of share-based compensation

  • All you wanted to know about ESOPs

    All you wanted to know about ESOPs

    ESOPs give employees the option to buy the shares of their firm at a pre-determined price in the future, and forms part of their compensation package. While they can be an attractive proposition, they can also turn out to be a dud.

  • Why founders need to be incentivised with ESOPs

    Why founders need to be incentivised with ESOPs

    ESOPs can be an important tool to keep the company headed in the right direction under the leadership of its founders who became executive directors.

  • Swiggy begins second tranche of ESOP buy back totalling to $50 mn from 2,000 employees

    Swiggy begins second tranche of ESOP buy back totalling to $50 mn from 2,000 employees

    This will be the company’s fourth ESOP liquidation since 2018 and now values Swiggy's similar to Zomato, its BSE-listed peer, which had a market capitalisation of $8.7 billion on July 24, Moneycontrol has learnt.

  • Big Billion Day for 19,000 current & former Flipkart employees; company begins crediting $700 mn in ESOP payouts

    Big Billion Day for 19,000 current & former Flipkart employees; company begins crediting $700 mn in ESOP payouts

    Moneycontrol had earlier reported that Flipkart will buy back employee stock options (ESOPs) worth about $700 million from employees as a part of its move to separate full ownership of payments and financial services unicorn PhonePe

  • What’s behind Patanjali Foods’ ESOP gambit?

    What’s behind Patanjali Foods’ ESOP gambit?

    As Patanjali Foods readies to make inroads in the competitive FMCG market it has armed itself with an important weapon

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347