Some of the assets that are causing confusion are stock options overseas that are yet to be exercised, retirement schemes in the US and other countrie
The retail brand is going public at a valuation of a little over $7 billion
Around 40 current and former Paytm employees have converted their stock options to shares.
Ahead of its IPO, the digital payment major is working with lenders for Rs 100-crore credit to senior executives.
If the Esop is implemented through a trust, they should be funded by the company to acquire the shares that are to be allotted to the employees
According to research by Fintrackr, a dozen companies have announced ESOP buybacks worth over $100 million in the first half of 2021
Earlier in the day, Flipkart announced raising $3.6 billion in funding from a clutch of investors that valued the e-commerce major at $37.6 billion
IT bellwether Infosys recently declared that it plans to deepen its employee stock options to include a larger pool of employees
Employees who completed three years with the company as of December 31, 2020 were eligible to liquidate anywhere between 40% to a full 100% of their v
"We can only continue to grow and prosper if our employees see themselves as owners," she said.