ixigo Approves New ESOP Scheme With 1.2 Cr Stock Options

ixigo parent Le Travenues Technology said that its board also approved granting of options equal to or more than 1% of the issued capital of the company to cofounders Aloke Bajpai and Rajnish Kumar under the new ESOS plan

The vesting period design to ensure that the options will vest only once the company’s valuation achieves significant growth, it said in the filing

In a separate exchange filing on Saturday, ixigo said it approved the grant of 1,56,232 stock options under ESOS schemes 2012, 2016 and 2020

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