News > Unacademy plans to launch Rs 30 crore-ESOP buyback offer

Unacademy plans to launch Rs 30 crore-ESOP buyback offer

11/12/2020 11:21 PM | Click to read full article

Edutech platform Unacademy on Thursday said it will undertake an ESOP buyback programme of Rs 25-30 crore in December this year.

"All vested ESOPs until December 10, 2020, will be eligible for the buyback and current and exited employees may liquidate between 25 per cent to 100 per cent of vested ESOPs based on a specified scheme," it added. Unacademy had conducted its first ESOP buyout in September 2019.