Today news
About the same in other media
Swiggy announces fifth Esop plan worth $65 million
Reading now: 966
Swiggy on Monday said it will buy back employee stock ownership plans (Esops) worth $65 million across levels, in what would be its fifth such exercise.
So far, the company has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitIIT DelhiCertificate Programme in Data Science & Machine LearningVisit«Employees owning shares of their company creates alignment of incentives and a sharp focus on collaborative excellence, which is a virtuous cycle that we believe in and espouse,” said Girish Menon, head of HR at Swiggy.
The latest Esop event is to acknowledge employees’ contributions and the food platform’s commitment to sharing its success and growth with them, he added.
About this in other media
ITC announces Rs 20,000 crore investment across businesses economictimes.indiatimes.com /3 months ago
OpenAI announces AI-powered search tool SearchGPT economictimes.indiatimes.com /3 months ago
Tata Consumer announces Rs 3,000 crore rights issue; ex-date tomorrow economictimes.indiatimes.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
