Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Zerodha to buyback ESOPs from staff valuing it at $2 billion
short by Aishwarya Awasthi / on Friday, 28 May, 2021
Online stock brokerage Zerodha will buyback shares from employees this year, valuing it at $2 billion, Founder and CEO Nithin Kamath said. Its valuation will double from $1 billion last year when it repurchased some stock options from employees for ₹60-65 crore. Zerodha posted a standalone profit of $61 million for the financial year ended March 2020.