top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

Which firm was first to introduce Employee Stock Option (ESOPs) in India?

+1 vote
138 views
Which firm was first to introduce Employee Stock Option (ESOPs) in India?
posted Jul 10, 2017 by Niharika Singh

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Navratna PSU National Aluminium Company Limited (Nalco), India’s leading producer and exporter of aluminium, Nalco has become the first public sector company to initiate action for Employee Stock Options (Esops), for offering its share to its employees. This decision of the Nalco board was endorsed in an extraordinary general meeting of the company’s shareholders. The Esops are planned to be issued to the executives of the company as part of payment of dues to them under Performance Related Payment (PRP), a component of revised pay package,

answer Jul 11, 2017 by Anita Yadav
...