Employee stock options, ESOP taxation, vesting schedules, and startup equity guides.
Employees are concerned about the IPO timeline and liquidity, and Flipkart is mulling a new ESOP cash-out option that might let eligible staff sell 20-25% of their vested shares in early 2027. Existing investors may fund the proposed initiative.
* The ESOP buyback comes at a time when Cashfree has moved into a new 80,000 sq ft headquarters at Ecoworld, Bangalore, underscoring its next phase of growth Marking a decade of innovation in India’s digital payments ecosystem, India’s leading payments company, Cashfree Payments, announced the implementation of
Citing concerns about governance and transparency, proxy advice firm Institutional Investor Advice Services (IiAS) has recommended against all five resolutions put forth by Groww's parent company, Billionbrains Garage Ventures Limited. The stockbroker is requesting shareholder approval for changes to the founders' rights to designate board directors and
According to reports, Uncademy has retracted its controversial proposal to shorten the ESOP exercise window from ten years to just thirty days. The edtech business told former workers that it was delaying the changes to the ESOP policy, according to an internal email that Economic Times was able to see.
The employee stock option plan (ESOP) of test prep business Unacademy has been modified to drastically reduce the exercise window for departed employees. In the past, departing employees had up to ten years to buy the stock options they had accrued while working for the company. They now have 30
* To Strengthen Ownership, Reward Performance, and Attract Top Talent SpeakX.ai, India’s largest Generative AI-powered English-speaking platform, has announced a comprehensive and forward-looking ESOP program designed to reward performance, deepen long-term commitment, and broaden wealth creation across the organisation. As part of this initiative, SpeakX
Zomato’s parent company, Eternal Ltd., has approved a fresh grant of employee stock options (ESOPs) worth approximately INR 211 crore, covering 64.13 lakh equity shares. The allotment aims to reward and retain key talent amid a competitive market. Details of the ESOP Allotment The Nomination and Remuneration Committee
The Nomination and Remuneration Committee authorised the distribution of 12,896,462 equity shares under the Swiggy Employee Stock Option Plan 2024 to its qualified workers, according to the company's regulatory filing dated April 21.
The allotment is valued at more than INR 32.3 lakh based on Nykaa's starting price of INR 190 per share.
Online travel aggregator ixigo has approved a new Employee Stock Option Scheme (ESOS) for 2025, allocating 1.2 crore (12 million) stock options to its employees. This move aims to attract and retain talent while aligning employee interests with company growth. ixigo's board has approved granting stock options
Ahead of its much-awaited $500 million initial public offering (IPO), Fintech SaaS startup Perfios has developed a new employee stock option plan (ESOP) for its staff called "Perfios ESOP 2025-A." At an extraordinary general meeting on February 5, the company's board approved the plan
90,500 equity shares have been distributed by omnichannel cosmetics retailer Nykaa as part of its employee stock option plan (ESOP). Nykaa stated in an exchange filing that the equity shares are allocated following the execution of vested stock options by employees under the company's ESOP Plan. The
Under many employee stock option plan (ESOP) strategies, online travel aggregator (OTA) ixigo has distributed 10.58 lakh equity shares to qualified employees. The travel tech startup stated in a filing with the markets that the shares were offered at a premium of INR 0.25 per share and an
2.61 Cr equity shares have been distributed by listed foodtech giant Swiggy through its different employee stock option (ESOP) plans. Swiggy announced in an exchange filing on January 25 that the nominating and compensation committee had authorised the distribution of 2,61,93,411 equity shares of the firm
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This article has been contributed by Manish Panwar, Business Head at Xumane. "ESOPs are about more than just shares—they’re about building something meaningful together. When employees become part-owners, they don’t just work for the company; they work with it, driving its success as if it
With the distribution of approximately 1.2 Cr in stock options to qualified employees, foodtech giant Zomato has increased the size of its employee stock option plan (ESOP) pool. The company, managed by Deepinder Goyal, announced in an exchange statement on October 2 that its board has approved the issuance
By offering 2.03 Lakh (2,03,137) stock options under its ESOP Plan 2019, Paytm has increased the scope of its employee stock option plan (ESOP). The company stated in an exchange filing on January 17 that it would like to notify the exchange that 2,03,137 stock
With a $35 million corpus, equity management platform Hissa has introduced Hissa Fund I to give the Indian employment stock option plan (ESOP) market liquidity. Established as a SEBI-registered Category II Alternative Investment Fund, the company would seek to invest in 15 to 20 companies in the development stage
In honour of its tenth anniversary, digital payments startup Razorpay announced on 24 December that it is offering every one of its current employees an employee stock ownership plan (Esop) worth INR 1 lakh. The program has a total Esop value of more than INR 30 crore, according to the
The allocation of 7.8 lakh equity shares for the exercise of vested options under its employee stock option plan (ESOP) has been approved by logistics giant Delhivery. In an exchange filing, Delhivery Limited stated that on December 10, 2024, the stakeholders' relationship committee authorised the issuance of 7,
One97 Communications, the parent company of Paytm, has distributed 2.44 lakh equity shares to qualified workers through its different employee stock ownership programmes (ESOPs). During its meeting on December 5, 2024, the company's nomination and remuneration committee approved the distribution of 244,801 equity shares with a
The Foodie Bay Employees ESOP Trust, an employee welfare trust established by the foodtech company, has received 47.75 Cr equity shares from Zomato under various employee stock option programmes (ESOPs). The Deepinder Goyal-led firm announced in an exchange statement on December 2, that its board had authorised the
Nykaa, a leading e-commerce company in the beauty and fashion industry, has granted its employees 1.80 lakh equity shares through the Employee Stock Option Plan (ESOP). This follows the startup's announcement of a 66.3% increase in its consolidated net profit from INR 7.8 Cr
With the issuance of 17.57 lakh stock options under ESOP 2024, online travel aggregator (OTA) Ixigo has extended its employee stock option plan (ESOP). The company stated in an exchange filing that the issuance of 17,57,156 options under ESOP 2024 was authorised by its nominating and compensation
Until the next hearing, the court barred Swiggy from alienating 24 of a former executive's exercised stock options and 185.454 vested and unexercised stock options. Arun Cyril, Swiggy's former assistant vice president, contested his "illegal" dismissal from the foodtech firm and the ESOPs
In an effort to reward and retain its staff, Delhivery Limited, a well-known logistics company, announced the extension of its employee stock option plan (ESOP) pool, awarding 6,49,547 equity shares. According to a formal exchange filing, this allocation was approved by the Stakeholders' Relationship Committee on
According to the company's pre-listing prospectus, Swiggy, a food and grocery delivery service that is about to make its first public offering (IPO), gave its founders and senior management $271 million in employee stock options as part of its most recent stock-based compensation plan, which was