Sahyadri Farms announces ESOPs worth Rs 70 Cr

Sahyadri Farms, India's largest integrated value chain owned by small and marginal farmers and based in Nashik, has announced an Employee Stock Ownership Plan (ESOP) for the year 2023, worth Rs 45 crore, allocated to its employees from a total ESOP pool of Rs 70 crore

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The ESOP plan, approved by the Board of Directors in March 2023, constitutes four per cent of the total outstanding equity (prior to the private equity round of Rs 310 crore in August 2022) of the company. Sahyadri Farms stands as the firs