Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Delhivery Allots Shares Worth INR 25.6 Cr Under ESOP Schemes
Delhivery, a logistics and supply chain company, allotted shares worth INR 25.6 crore to its employees under its Employee Stock Option Plans (ESOP). This move is designed to retain and motivate key employees by offering them an opportunity to benefit from the company’s future growth. ESOPs are a common tool used by startups and growing companies to align employee interests with the company’s long-term success. Delhivery’s decision to allot these shares reflects the company's efforts to build a committed workforce and ensure that its employees are vested in the company’s performance.