Flipkart clears second Esop liquidity event, letting staff cash out up to 5% of vested options
Flipkart's board approved a buyback letting eligible employees encash up to 5% of vested stock options at Rs 713.4 each. The roughly $25 million tranche sits within a $50 million plan benefiting 7,000+ staff, with payout expected in August.
Flipkart's board approved a second Esop liquidity event, letting eligible employees cash out up to 5% of vested options at Rs 713.4 each, an estimated $25 million tranche within a $50 million buyback plan benefiting 7,000+ staff.
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