Oyo reported a 47% growth in its gross bookings value per hotel in Q1FY23 at Rs 3.25 lakh versus Rs 2.21 lakh for FY22.

For companies, employee stock ownership plans (Esop) are a way of attracting and retaining the best talent by pegging a part of their compe...

FHRAI had previously raised concerns about significant inaccuracies and inadequate disclosures in Oyo's Draft Red Herring Prospectus (DRHP).

Bloomberg reported last week that the company is eyeing a valuation of about $9 billion in its initial public offering after preliminary co...

The secondary transactions, which were executed at Rs 110 per share and include nearly 1.43 crore equity shares as well as 2,500 preference...

The homegrown e-tailer was followed by Oyo, Zomato, Paytm and Nykaa, according to data exclusively sourced by ET from executive search firm...

People familiar with the matter said over 80 per cent of current employees at Oyo have been granted ESOPs and around 12,000 current and for...

The company said that for those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting...

Softbank backed Oyo Hotels & Homes has announced it is restoring full salaries of employees with a fixed compensation of upto Rs 8 lakh and...

In April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.

Companies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.

Oyo is also actively working with the company's investors to identify opportunities in their portfolio companies and help its employees wit...

In April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the ca...

Esop distribution took place as part of the company’s annual performance assessment programme.

The company expects the total ESOP liquidity programme to be worth around USD 150 - USD 200 million over the next few years.

This takes the number of shares issued by the company to 8,893. OYO has over 10,000 employees.

The ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...