{"id":34566,"date":"2022-04-07T19:23:04","date_gmt":"2022-04-07T13:53:04","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-jaro-education-esop\/"},"modified":"2022-04-07T19:23:04","modified_gmt":"2022-04-07T13:53:04","slug":"biz-jaro-education-esop","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-jaro-education-esop\/","title":{"rendered":"Jaro Education announces second ESOP worth Rs 150 mn"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3497232489\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 150 million (about Rs 1,140 crore) to reward the company&#8217;s existing employees.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-491192603\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>According to the scheme, employees of Jaro Education will be able to vest their ESOPs over 3 years, the company said in a statement.<\/p>\n<p>The grant of ESOP will be in the range of Rs 3 lakhs to Rs 3 crore per employee, depending on various performance parameters determined by the company.<\/p>\n<p>&#8220;We believe that the ESOPs would further create a sense of ownership and motivate them to achieve substantial growth in the years to come,&#8221; Jaro Education Chairman and Managing Director Sanjay Salunkhe said.<\/p><div class=\"trade-content_5\" id=\"trade-981497569\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>In comparison to the last ESOP grant, the number of ESOP holders increased by more than 125 per cent, and the company expects the numbers to continue to rise in years to come.<\/p>\n<p>Recently, the company also announced that they have set aside a marketing budget of around Rs 1,000 million for the acquisition of learners around the world, enhancement of corporate offerings, programme portfolio expansion and brand awareness activities. PTI SM  BAL BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-3969222451\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 150 million (about Rs 1,140 crore) to reward the company&#8217;s existing employees. According to the scheme, employees of Jaro Education will be able to vest their ESOPs over 3 years, the company said [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-34566","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jaro Education announces second ESOP worth Rs 150 mn - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-jaro-education-esop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jaro Education announces second ESOP worth Rs 150 mn\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 150 million (about Rs 1,140 crore) to reward the company&#8217;s existing employees. 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