Tag: ESOP

Uno Minda allots 55,600 equity shares to employees

Uno Minda, a global manufacturer in proprietary automotive solutions, recently declared the issuance of 55,600 equity shares to its employees. The move comes subsequent...

J B Chemicals & Pharmaceuticals introduces performance-driven stocks

J B Chemicals & Pharmaceuticals (JBCPL) recently allocated 76,000 time-based stock options and 1,14,000 performance-based options to a qualified employee. The initiative is a...

ESOP buyback opp. for over 150 Classplus employees

Over 150 employees of Classplus will now have a chance to liquidate their vested shares. The six-year old B2B edtech startup has announced the...

Jindal Stainless allots ESOPs to senior employees

Jindal Stainless, the Indian stainless steel manufacturing company, has announced an Employee Stock Option Plan (ESOP) for its senior employees. The ESOPs will be...

mCaffeine’s ESOP scheme: 10% shares reserved for dedicated staff

On 9 January 2024, mCaffeine introduced an employee stock ownership plan (ESOP) for its hard-working team. This means that 10 per cent of the...

OFSS rewards employees with equity shares in latest ESOP allocation

On 20 December 2023, Oracle Financial Services Software (OFSS), a specialised subsidiary of Oracle Corporation focusing on financial and insurance technology, announced updates following...

Marico allocates equity shares through ESOP 2016 plans

Marico has given 94,100 equity shares, each worth Re 1, through various ESOP 2016 plans. As per the company's filing on 14 December, 2023,...

OFSS & Log 9 Materials announce ESOPs for employees

On 26 October, 2023, Oracle Financial Services Software (OFSS), a subsidiary of Oracle Corporation specialising in financial and insurance technology, unveiled a significant development...

For the holiday season, BoAt rewards employees with ESOPs

The consumer electronics brand, BoAt has distributed employee stock options (ESOPs) to its workforce as part of its festive season reward initiative. In a...

Coforge rewards employees with ESOP

Coforge has recently made a significant announcement regarding the allocation of equity shares to its employees under the employee stock option plan (ESOP). The...

Gland Pharma, Nippon Life India Asset Management, Shriram Fin. grant ESOPs

Gland Pharma, the pharmaceutical company in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, announced the allocation of 1,100 fully paid-up equity...

Jubilant FoodWorks grants ESOPs, with shares rising 1.69%

Jubilant FoodWorks has recently allocated 46,830 equity shares to its employees as part of its employee stock option plans (ESOPs). On 25 September 2023,...

Betterhalf posts revenue of $500K; announces second ESOP buyback round

Betterhalf, a startup specialising in wedding and matrimony services, has announced its second employee stock ownership plan (ESOP) buyback programme, benefiting 29 current and...

Wipro allocates over 41,000 restricted stock units to staff via ESOP

Wipro has awarded 41,667 restricted stock units (RSUs) to its workforce as part of its employee stock ownership plan (ESOP). The company made this...

IIFL finance announces ESOPs for top performers in workforce

On 4 September 2023, IIFL Finance announced the launch of a employee stock ownership plan (ESOP) scheme valued at Rs 180 crore, which is...

Marico grants 1,10,700 employee equity shares through ESOP

Marico has distributed 1,10,700 equity shares to employees via employee stock option plans (ESOP). It has allocated these shares at a face value of...

Techies in early-stage startups have got hikes of 8–12%: Report

If those in technology roles in small startups have received a pay hike of at least 15 per cent, it has come after a...

Kirloskar Oil Engines allots fully paid-up equity shares via ESOPs

In an exchange filing, Kirloskar Oil Engines announced that it has issued 32,268 fully paid-up equity shares with a face value of Rs 2...

Metropolis Healthcare grants restrictive stock to employees

On Wednesday, Metropolis Healthcare granted 75,666 restrictive stock units (RSU) to eligible employees. The company’s nomination and remuneration committee made the announcement of approving...

Zomato hires chief fitness officer; allocates ESOPs worth Rs 2.52 cr.

Zomato, the food-delivery platform, has issued employee stock option plans (ESOP) valued at Rs 2.52 crore to certain employees of the company and its...

Sapphire Foods allots 6,468 equity shares under ESOP

Sapphire Foods India, a company engaged in the food industry, recently made a significant move by allotting 6,468 equity shares to its employees as...

Zypp electric announces groundbreaking ESOP buyback programme

Zypp Electric's ESOP buyback programme is an exciting step towards recognising employees' valuable contributions and involving them in the company's success. On July 27, Zypp...

Employee equity allotments: Mahindra Lifespaces and ITC 

On July 26, 2023, Mahindra Lifespaces announced the allocation of 16,666 new fully paid-up equity shares, each with a face value of Rs 10,...

SBI Card rewards its employees with 1,12,960 equity shares

On July 24, 2023, SBI Card, a renowned financial company, revealed that it has granted 1,12,960 equity shares to its employees as part of...

3,200 equity shares rewarded as ESOPs by Aditya Birla fashion and...

Aditya Birla fashion and retail (ABFRL), headquartered in Mumbai, is an Indian fashion retail company. Before being acquired by the Aditya Birla Group, it...

ICICI Securities grants 4,920 equity shares to employees under stock option...

On July 18, 2023, ICICI Securities made a significant announcement regarding the allocation of 4,920 equity shares to its employees as part of the...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Singapore government modifies foreign worker policy

The Ministry of Manpower (MOM), Singapore has modified the foreign worker policy. As per the modifications, the minimum qualifying salary for foreign workers to...

Latest

KSRTC releases Rs 84 crores for DA arrears & benefits

The Karnataka State Road Transport Corporation (KSRTC) has disbursed Rs 84 crores to settle outstanding dues of its staff. The announcement made on Saturday,...
DA

Rajasthan govt raises DA by 4%

The Rajasthan government has announced a significant four per cent increase in dearness allowance (DA) for state-government employees and pensioners. The decision, finalised during...

IHCL upskilling initiative targets hospitality workforce needs

The Indian Hotels Company (IHCL), India’s leading hospitality group, is on track to meet its ambitious target of training 100,000 youths for the industry...

InvestoXpert plans to hire 600 in FY 2024-25

After inaugurating new offices in Hyderabad, Kolkata and Pune in India, InvestoXpert, the real-estate comprehensive solutions provider, is gearing to expand its workforce. It...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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