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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Swiggy expands ESOP pool with Rs 150 Cr fresh grant
Corporate ComplianceFinancial Management
Swiggy has expanded its ESOP (Employee Stock Ownership Plan) pool with a ₹150 crore fresh grant. This significant allocation of new shares to its employee stock option plan demonstrates Swiggy's commitment to retaining and rewarding its workforce. Expanding the ESOP pool allows the company to grant more stock options to employees, aligning their interests with the company's growth and providing a valuable long-term incentive. This move is crucial for attracting and retaining top talent in the highly competitive tech industry.
