News > Swiggy announces employee stock liquidity programme

Swiggy announces employee stock liquidity programme

Indian Express | 09/11/2020 08:21 PM | Click to read full article

Food ordering platform Swiggy on Monday announced a secondary liquidity programme for its employees who were part of the employee stock ownership plan (ESOP) of the company.

According to the people in the know of the matter, the total quantum of the secondary liquidity programme is between USD 7-9 million and it will be completed by April 2021. Under the programme, employees will be able to sell their shares to investors in the company.