TBO Tek Expands ESOP Pool, Allots 2.44 Lakh Stock Options

TBO Tek Expands ESOP Pool, Allots 2.44 Lakh Stock Options

SUMMARY

As per the stock’s opening price on Tuesday, the newly-allotted ESOPs have a cumulative worth of INR 44.96 Cr

TBO Tek made a strong debut on the public market on May 15, listing at INR 1,426 on the NSE, marking a 55% premium over its issue price of INR 920

TBO Tek reported a 64% jump in its PAT to INR 46.4 Cr in Q4 FY24 from INR 28.2 Cr the year-ago quarter

B2B travel portal Travel Boutique Online (TBO Tek) has expanded the pool size of its employee stock option plan (ESOP) by allotting an additional 2.44 Lakh stock options.

In an exchange filing on Monday (July 15), the company said it has allotted 2,44,500 stock options to eligible employees under the TBO Employees Stock Option Scheme, 2021.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.