During the initial ESOP liquidation phase, approximately 900 employees benefitted, with the total shares bought back valued at around Rs 150-170 crore
There is some exciting news for Swiggy employees. The food delivery service company, apparently has initiated a share buyback program for around 2,000 employees. This marks the second employee stock option plan (ESOP) liquidation exercise, following the first one conducted in July 2022.
During the initial ESOP liquidation phase, approximately 900 employees benefitted, with the total shares bought back valued at around Rs 150-170 crore.
Source: HR Katha
