Page 5 - Esops

Blockchain startup Newrl eyes 10% tokenisation market share by 2023

A public blockchain for decentralised finance, Newrl has developed tokenisation-based equity solutions for unlisted companies offering ESOPs

Yes Bank seeks shareholders' nod for raising up to Rs 10k cr debt capital

Also, the bank will seek shareholders' approval for amendments to the Employees Stock Option Scheme (YBL Employee Stock Option Scheme 2020).

SpiceJet extends ESOP scheme to mid-level workers, critical resource staff

The airline's decision to grant ESOP scheme to mid-level employees comes at a time when 2 airlines -- revamped Jet Airways and new carrier Akasa Air are planning to start flight operations this year

Razorpay unveils ESOP buyback sale for 650 staffers as part of $75 mn deal

This is the fintech unicorn's fourth and largest ESOP sale for existing and former employees, irrespective of ranks

Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation

Goyal was granted ESOPS by Zomato's investors and board based on his performance right before the company went public last year

No performance riders on ESOP grants to founders of India's new-age firms

Experts question why such endowments in India's new-age companies are not comprehensively linked with performance targets

Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs

Business Standard brings you top headlines of the day

Giving wings: Tatas to offer ESOPs to Air India staff to boost productivity

Air India's rivals IndiGo and SpiceJet offer ESOPs to their employees

Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn

Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Rebel Foods started its journey with Faasos in Pune

After Zomato and Nykaa, shareholders vent ire on Paytm over ESOPs

The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors

Cars24 announces ESOP buyback of Rs 75 cr after raising $850 mn in funding

The value of total ESOP buyback by Cars24 to date stands at Rs 113 crore. The company claims to have consistently held annual ESOP buybacks for the past four years.

Udaan extends ESOPs to all staff, removes 1-year cliff clause for vesting

All future ESOP allocations at the B2B e-commerce start-up Udaan, will vest every quarter. The one year cliff period is a widely prevalent industry practice for employees' ESOPs to start vesting.

B2B platform Bizongo concludes maiden ESOP buyback worth $3.7-mn

Business-to-business e-commerce and supply chain enablement platform Bizongo has announced the completion of its first employee stock ownership plan (ESOP) buyback programme worth USD 3.7 million.

Slice, a fintech unicorn, completes ESOP buybacks worth Rs 65 crore

Slice had in November last year raised $220 million in a Series-B round that valued the fintech company at over $1 billion

Bizongo: B2B e-commerce start-up completes ESOP buyback worth $3.7 mn

Nearly 70 per cent of all eligible former and current employees of Bizongo opted to liquidate their ESOPs

BharatPe boardroom tussle: Co-founder Nakrani says he supports CEO Sameer

Shashvat Nakrani's backing for Suhail Sameer comes amid Ashneer Grover's demand for his ouster

Budget 2022: Fillip to start-ups, ESOPs by capping LTCG surcharge at 15%

At present, long-term capital gains on listed stocks are liable to 15% surcharge max, while other long term capital gains suffer a graded surcharge which goes up to 37%

Logistics SaaS startup FarEye announces second ESOP buyback programme

Aimed at rewarding and recognizing employees' dedication and hard work in driving FarEye's growth over the last year, this is the company's second buyback and largest to date.

Chennai-based agri-commerce firm WayCool lines up Rs 250 crore ESOP

Scheme to cover all 1,500 employees; firm plans to expand its presence to geographies like Middle East as part of its roadmap to become a unicorn by 2025

Over 500 employees, ex-staff of IPO-bound OYO buy around 30 mn shares

OYO had offered deeply discounted ESOPs to both current and former employees when the impact of COVID-19 led to pay cuts and furloughs