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Food delivery and quick commerce platform Swiggy has rolled out fresh employee stock option (ESOP) grants worth Rs 150 crore ($17.5 million).
Swiggy Limited has granted 38.86 lakh stock options under its ESOP 2024 plan, according to filings with the NSE. At the current market price of Rs 385.3 per share, the grant is valued at around Rs 150 crore.
As per the disclosure, the stock options have an exercise price of Rs 1 each and…
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Food delivery and quick commerce platform Swiggy has rolled out fresh employee stock option (ESOP) grants worth Rs 150 crore ($17.5 million).
Swiggy Limited has granted 38.86 lakh stock options under its ESOP 2024 plan, according to filings with the NSE. At the current market price of Rs 385.3 per share, the grant is valued at around Rs 150 crore.
As per the disclosure, the stock options have an exercise price of Rs 1 each and…
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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