Infosys has allotted 1,33,180 equity shares to eligible employees under the Employee Stock Ownership Plan (ESOP) on June 14, 2024. This move is part of the company's efforts to reward and incentivize its workforce. Following this allotment, the issued and subscribed share capital of Infosys has been adjusted accordingly.
Earlier in May, Infosys had allotted more than 6.57 lakh equity shares to top-performing employees under two different schemes. These allotments reflect the company's commitment to expanding employee ownership and recognizing their contributions to the company's success.
Infosys has a well-documented ESOP (Employee Stock Ownership Plan) program that aims to incentivize and retain key talent by expanding employee ownership within the company. The ESOP program is performance-based and is designed to align the interests of the employees with those of the shareholders, driving execution excellence and competitive business growth.
To increase shareholder value and incentivize, retain, and attract key talent. The allotment of ESOPs is based on certain performance parameters that are aimed at driving business strategy execution and creating shareholder value. The program is not just for top-level executives but has been expanded to benefit lower-level staff as well.
Infosys has a history of granting ESOPs to its employees, including a significant allotment after a gap of 13 Years.
The ESOPs are typically granted in the form of Restricted Stock Units (RSUs) and come with certain terms and conditions, including vesting periods and performance criteria. Employees who are granted ESOPs can become shareholders of Infosys and benefit from the company's growth and success.
Earlier in May, Infosys had allotted more than 6.57 lakh equity shares to top-performing employees under two different schemes. These allotments reflect the company's commitment to expanding employee ownership and recognizing their contributions to the company's success.
Infosys has a well-documented ESOP (Employee Stock Ownership Plan) program that aims to incentivize and retain key talent by expanding employee ownership within the company. The ESOP program is performance-based and is designed to align the interests of the employees with those of the shareholders, driving execution excellence and competitive business growth.
To increase shareholder value and incentivize, retain, and attract key talent. The allotment of ESOPs is based on certain performance parameters that are aimed at driving business strategy execution and creating shareholder value. The program is not just for top-level executives but has been expanded to benefit lower-level staff as well.
Infosys has a history of granting ESOPs to its employees, including a significant allotment after a gap of 13 Years.
The ESOPs are typically granted in the form of Restricted Stock Units (RSUs) and come with certain terms and conditions, including vesting periods and performance criteria. Employees who are granted ESOPs can become shareholders of Infosys and benefit from the company's growth and success.
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