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…
Labour Laws
06/09/20264 min read
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ideaForge Allots INR 49.3 Lakh Worth Of Equity Shares
Corporate Law & GovernanceMSME & Udhyam
IdeaForge allotted INR 49.3 lakh worth of equity shares under its Employee Stock Option Plan (ESOP). The allotment is part of the company’s strategy to retain and incentivize employees by offering them an ownership stake in the company. ESOPs are increasingly being used by tech companies to align the interests of employees with those of the business. IdeaForge, a prominent drone manufacturer, is looking to build a committed workforce as it continues to expand its operations and product offerings in the rapidly growing drone market.
