Dr Sanjay Salunkhe – Founder, Jaro Education, a leading ed-tech firm offering world-class executive education for working professionals, has announced share buyback issued through its Employee Stock Option Plan (ESOP). The company issued shares to its key employees in 2018 at a rate of Rs. 50/- per share. Now founder Dr Salunkhe offers to buy back those shares at Rs. 250/- per share by providing the employees 400% return on their investment. However, the option to sell shares will be at the discretion of their employees, and they will have all the rights to continue their shareholding with the company.
Home Jaro Education Founder, Dr Sanjay Salunkhe announces ESOP buyback With 400% returns to employees Jaro Education Founder, Dr Sanjay Salunkhe announces ESOP buyback