In a letter to shareholders on 21 January, Goyal said the move is aimed at strengthening long-term leadership retention while avoiding additional shareholder dilution.
This explains the legal and strategic differences between ESOPs and Sweat Equity. The key takeaway is that ESOPs suit long-term retention, while Sweat Equity fits exceptional, one-time ...
Kenya Pipeline Company (KPC) staff will have a chance to own a stake in the company after its initial public offer (IPO), through an Employee Share Ownership Plan (ESOP) pool that will hold 290.54 ...
The logistics unicorn has allotted over 3.42 Lakh equity shares under Delhivery ESOP 2012, over 1.87 Lakh equity shares under ESOP II 2020, and over 1.19 Lakh equity shares under the ESOP III 2020 ...
There are many ways to exit a business, some of which include complete or partial liquidation, or transfers of ownership via mergers and acquisitions, or through business brokers. One ...
Edtech firm Unacademy has asked exited employees to exercise vested Employee Stock Ownership Plan or ESOP options within a short window because the company is in talks for an all-stock merger or ...
The logistics unicorn has allotted 2.85 Lakh equity shares under Delhivery ESOP 2012, 3.49 Lakh equity shares under ESOP II 2020, and over 4.70 Lakh equity shares under ESOP III 2020 scheme As per the ...
Global consumer goods company Ergode introduces ESOP plan for employees, aiming to promote employee ownership and establish a culture of success and prosperity ...