You are here: Home » Companies » News
Fitness start-ups bet on corporate clients to keep their top lines healthy
This non-profit start-up leverages the power of AI for the social sector
Business Standard

Inside Oyo Hotels founder Ritesh Agarwal's $1.5 bn share buyback plan

Agarwal is pledging his shares to finance the buyback, which will see his shareholding rise to about 30% from 10% currently

Topics
Oyo | OYO Ritesh Agarwal

Yuvraj Malik  |  Bengaluru 



OYO Rooms founder and CEO Ritesh Agarwal
OYO Rooms founder and CEO Ritesh Agarwal

Shares buybacks are not uncommon. They are usually done to provide liquidity to employees holding ESOPs or for a company’s promoters to rack up their shareholding when the firm has excess cash or the stock price is low (in case of a listed entity).

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, September 17 2019. 13:25 IST

RECOMMENDED FOR YOU

.