ESOP POOL
FMCG majors in race for big bite of snacks brand Farmley
Multiple FMCG companies are expressing interest in acquiring stakes in the healthy snacking brand Farmley. A group of early investors with a 31% stake is looking to sell their shares. Founders Akash Sharma and Abhishek Agarwal currently hold a 32% stake in the company. Farmley successfully pivoted from a B2B business to a consumer-facing D2C brand in 2021.
Built wealth by taking risks? Managing it requires a new mindset
People generally get rich because of concentration, relentless pursuit of one thing, and the confidence to go all-in when most others would hesitate. On the other hand, managing a large pool of existing wealth requires something diametrically opposite— diversification, instead of concentration.
Deepinder Goyal to surrender Esops worth Rs 900-1,000 crore upon resigning as Eternal CEO
Later during the company's quarterly analysts call, Eternal CFO Akshant Goyal said that the exercise will result in around 3.3 crore shares being added to the Esop pool, which currently has around 20 crore shares.
Zepto expands Esop pool by $170 million to over $500 million
The quick commerce startup is looking to float its IPO in the next few quarters. In the run-up to the share sale, it closed a $450 million round of primary and secondary transactions, led by US-based pension fund California Public Employees’ Retirement System (Calpers).
Year in Review: There’s an Esop fable in Startup Inc’s IPO run
Initial public offerings of eight new-age internet companies in 2024 revealed a significant disparity in wealth creation between startup founders and employees. Founders amassed nearly Rs 34,000 crore, compared to Rs 8,500 crore unlocked for staff through Esops. Concerns arise over disproportionate Esop distribution and the fairness of typical four-year vesting periods.
Nykaa makes Rs 7.17 crore Esop allotment ahead of Q4 results
Companies typically expand their Esop pool to attract and retain talent, align employee and shareholder interests, and enhance overall performance. Private startups also institute buybacks of Esops to help create wealth for employees.
Fidelity further marks down fair value of Meesho
A fund managed by financial services major Fidelity has further marked down the fair value of e-commerce firm Meesho, according to a monthly disclosure made by the fund.
ETtech Explainer | What are Esops and what do they mean for employees and employers?
For companies, employee stock ownership plans (Esop) are a way of attracting and retaining the best talent by pegging a part of their compensation to the company’s stock price. But how do Esops work, and what benefits and risks do they carry for employees?
Flipkart tops Indian tech Esops list with Rs 17,000 crore pool
The homegrown e-tailer was followed by Oyo, Zomato, Paytm and Nykaa, according to data exclusively sourced by ET from executive search firm Longhouse Consulting.
Oyo adds 20 cr shares to existing ESOP pool, expands employee stock options to 63 cr shares
People familiar with the matter said over 80 per cent of current employees at Oyo have been granted ESOPs and around 12,000 current and former employees hold the company's ESOPs.
IPO-bound Paytm seeks shareholders' nod to double ESOP pool
The Noida-based firm has proposed to its shareholders an increase in the existing ESOP pool to 61,094,280 equity options at a face value of Re 1 each from the current 24,094,280 equity options.
Infosys to expand, deepen ESOP pool to retain talent, says Salil Parekh
Infosys is among the earliest Indian IT firms to offer ESOPS, helping several thousand employees generate wealth as the company grew as India's second-largest software exporter
Paytm expands its ESOPs pool to 'largest among all Indian startups'
Paytm has added 242,904 shares to its existing ESOPs pool, expanding the employee stock options by nearly $62 million and strengthening its efforts to attract and retain talent.
ShareChat adds $14 million to its Esop pool
The startup on Wednesday also announced 50% additional Esops as bonus for employees already holding shares in the company.
ShareChat adds $14 million to its ESOP pool, taking its ESOP pool to $35 million
The scheme would be applicable for the existing employees who were on the company’s payroll on June 30, 2020. Presently, ShareChat employs over 400 people.
From Oyo to Zomato, startups soften pay cuts by expanding Esops pool
Companies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.
Startups like Zomato, Oyo offer more Esops to staff to ease pay cut pain
In April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the cash cut from their pay cheques.
Lenskart expands total ESOP pool
ESOPs formed 1.8% of its total shareholding as of December 20, 2019, according to data collated by industry tracker Tracxn.
UrbanClap facilitates ESOP sale worth Rs 18 crore
The ESOP sale marks the second such event by the firm in under two years — the previous one was in July 2017.
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