Ixigo grants over 2 lakh ESOPs worth Rs 3.78 Cr

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Le Travenues Technology Limited, the parent company of travel tech platform Ixigo, has granted 211,912 stock options under its ESOP schemes of ESOS 2013, 2020, 2021, and 2024. 

The options have been issued at an exercise price of Rs 93 per share and will vest over four years in equal annual tranches.

At the current market price of Rs 178.6 per share, the total value of the grant stands at approximately Rs 3.78 crore, implying a…



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Ixigo grants over 2 lakh ESOPs worth Rs 3.78 Cr


Le Travenues Technology Limited, the parent company of travel tech platform Ixigo, has granted 211,912 stock options under its ESOP schemes of ESOS 2013, 2020, 2021, and 2024. 

The options have been issued at an exercise price of Rs 93 per share and will vest over four years in equal annual tranches.

At the current market price of Rs 178.6 per share, the total value of the grant stands at approximately Rs 3.78 crore, implying a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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