UrbanClap

CarDekho set to buy back Rs 17.5 crore worth ESOPs from 71 employees

UrbanClap

Contributing to the rising trend of ESOP encashment facilitation, autoportal platform CarDekho is all set to buy back ESOPs worth Rs 17.5 crore from the employees in a repurchase plan.

The offer letter for the same has been circulated among 71 eligible employees, both current and former who have served for more than 4 years. The plan allows these employees to en-cash up to 50% of their vested stock, mentions a press statement by the Jaipur-based firm.

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