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Autotech major CarDekho to buy back shares worth Rs 17.5 cr under Girnar group ESOP re-purchase plan, 2019
Tue, Apr 30, 2019
CarDekho has announced that it will buy back shares worth Rs 17.5 crore under Girnar group ESOP re-purchase plan, 2019. The company has circulated the offer letter to 71 eligible employees for participating in the repurchase plan.
HNIs tank up on stocks sold by employees of unlisted companies
Fri, Jul 20, 2018
These are Esops that are vested, so for the investor, they are essentially shares of unlisted companies. The risk for the HNI investor is that the listing may not happen. That is why one has to understand the company and the business, what stage of life the company is at, etc.
Gurgaon firm Eastman Auto and Power offers shares as compensation to staff
Fri, May 25, 2018
The company's employees have welcomed the initiative. "ESOP is a noble initiative which makes us feel valued and an integral part of the company. It will motivate us to perform even better to achieve excellence," Ashwani Sharma, an employee, said.
Paytm employees rake in Rs 300 crore through ESOPs sale
Mon, Jan 29, 2018
Fintech major Paytm today said some of its former and present employees have offloaded their stock in the company, raking in about Rs 300 crore from the secondary share sale. The company said the completion of secondary share sale valued the company at close to USD 10 billion.
Flipkart completes ESOP repurchase program of more than $100 million
Wed, Dec 13, 2017
More than 3,000 current and former employees of Flipkart, Myntra, Jabong and PhonePe took part in the stock repurchase program.