B2B travel portal Travel Boutique Online (TBO.COM) has expanded the pool size of its employee stock option plan (ESOP) by allotting an additional 2.44 Lakh stock options
In an exchange filing, the company said it has allotted 2,44,500 stock options to eligible employees under the TBO Employees Stock Option Scheme, 2021.
Shares of TBO Tek opened Tuesday's trading session at INR 1,839 apiece on the BSE, up 1.9% from the previous close. As per the stock's opening price today, the newly-allotted ESOPs have a cumulative worth of INR 44.96 Cr.
With this, TBO Tek has joined the long list of new-age tech companies such as ideaForge, Nykaa, Delhivery and Zomato among others that have announced ESOPs this year.
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