Stockbroking and investment platform Dhan has completed a company-led ESOP buyback worth nearly Rs 50 crore, providing liquidity to around 180 employees, according to three people aware of the development.
“The buyback was funded entirely from the company’s internal reserves, reflecting its sustained profitability over the past few years. The company has been profitable for the last three years, which enabled it to carry out this ESOP buyback from its own cash reserves,” said one of the sources, requesting anonymity.
“In the liquidity event,…

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