Value 360 Communications has introduced an employee stock ownership plan (ESOP). The stock option plan will be extended to the agency’s long-term employees as well as new team members who display exceptional performance. The announcement comes on the heels of the company expanding to Singapore.
In the first phase of ESOP allotment, Value 360 has brought Eshant Arora (Senior Vice President) and Vasundhara Singh (Vice President – New Business & Strategy) on board as shareholders in the organisation.
Kunal Kishore Sinha, Founder Director – Value 360 Communications, said, “It is an honour and a privilege for us to reach a juncture where we can make long-standing team members a part of our growth story as shareholders. We have already initiated the policy and extended ESOPs to individuals who have been critical partners in our journey.”
He added, “We are also grateful to the numerous start-ups that we have worked with over the years. They have committed a sizable chunk of their funds towards ESOPs, inspiring us to take this positive step. We believe this initiative will give our employees further impetus to continue working towards our collective goal. In the first ESOP pool, we have committed shares worth INR 5 crore and would be increasing this further over the years.”