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Sriharsha Majety, IPO and ESOPs
Swiggy’s Sriharsha Majety, Investors Sold Shares Worth INR 670 Cr Ahead Of IPO
Leading up to filing its updated DRHP, Swiggy CEO Sriharsha Majety sold secondary shares worth INR 23 Cr to Torroz Fintech
Swiggy’s Sriharsha Majety, others in top deck get $200 million in ESOPs ahead of IPO
IPO-bound food-tech giant Swiggy has given employee stock ownership plan (ESOPs) worth $270 million (around Rs 2,240 crore) to its co-founder and group CEO Sriharsha Majety and other top executives ahead of the listing scheduled for later this year, the company’s updated draft red herring prospectus (DRHP) showed.
IPO-bound Swiggy grants $271 million Esops to founder Sriharsha Majety, top management
Of this, the food and grocery delivery major’s founder and group CEO Sriharsha Majety gets $200 million worth Esops. The Esop 2024 scheme comes with a vesting period of one to eight years from the date of the grant.
Swiggy IPO: Sriharsha Majety, other top execs bag $271 million in ESOPs. Check names of Crorepati Club members
Ahead of its highly anticipated IPO, Swiggy has showered its top executives with a massive $271 million worth of stock options. Find out who got what.
As Swiggy Prepares for IPO, Executives Receive $270 Mn in ESOP
As Swiggy gears up for its much-anticipated IPO, the food-tech giant has announced a substantial Employee Stock Ownership Plan (ESOP) worth $270 million (around ₹2,240 crore).
IPO-bound Swiggy grants ESOPs worth $271 million to founders, top execs
IPO-bound food and grocery delivery service Swiggy has granted employee stock options (ESOPs) worth $271 million to its founders and top management under a new stock-based compensation plan introduced in April,
Swiggy's $271 mn Esop plan benefits top brass before $1.25 bn IPO launch
The Esop grants have a vesting period ranging from one to eight years, meaning that the actual value of the stock awards will depend on Swiggy's performance post-IPO
Swiggy Awards USD 270 Mn in ESOPs to CEO and Top Executives Ahead of IPO
Other key leaders, including co-founders Nandan Reddy and Phani Kishan, food marketplace CEO Rohit Kapoor, Swiggy Instamart head Amitesh Jha, CFO Rahul Bothra, HR head Girish Menon, and CTO Madhusudhan Rao,
The Financial Express
6d
Meet Swiggy co-founder and CEO Sriharsha Majety – He has a net worth of Rs 1400 crore; know about his career, education, and monthly salary
As Swiggy prepares for its IPO and continues to innovate in the food delivery space, Majety's leadership remains pivotal in shaping the company's future and inspiring aspiring entrepreneurs nationwide ...
5d
Swiggy IPO: Good for the sector to have multiple players, says Zomato’s Deepinder Goyal
Goyal, in an interview to Moneycontrol, said that navigating public markets is easier as companies get to think more long ...
Your Story
8d
Swiggy shareholders approve provision to increase IPO size to Rs 5,000 Cr
Swiggy had earlier filed to raise Rs 3,750 crore in fresh issue with an OFS of 18.52 crore shares from selling stockholders, ...
inc42
15d
Swiggy’s DRHP: A Look At The Startup’s Shareholding Pattern & Top Guns
MIH India Food Holdings B.V., a subsidiary of Naspers, is the largest shareholder with a 30.95% stake in Swiggy ...
newsbytesapp.com
12d
Why Swiggy has offered special protections to directors before IPO
Swiggy, one of India's leading food delivery apps, has given some special protections to board members who represent its big ...
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