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 Rs 86 crore ESOP buyback, offering liquidity to over 350 employees across its global offices.
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
Some of the institutional investors have voted against ESOP proposals of leading companies such as Wipro, Swiggy, and Schneider Electric among others.
Through this initiative, employees are eligible to sell a portion of their vested ESOP units immediately
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’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
Early investors such as Helion and Eight Roads will sell some shares as part of the buyback.
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 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 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
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’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’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, which offers serialised audio content across genres, raised $103 million in Series D funding at a valuation of $750 million in March
For SoftBank-backed Meesho, this is the fourth ESOP buyback programme. It first started buying back shares from employees in February 2020
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.
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.
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.
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
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.
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.
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.
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
As Patanjali Foods readies to make inroads in the competitive FMCG market it has armed itself with an important weapon