Air India offers nearly 98 cr shares to employees under stock option scheme ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 21
Air India has offered around 98 crore shares of the company to its permanent employees as part of a stock option scheme. The shares are also being offered to the permanent staff of Air India Express as part of the Employees' Share Benefit (ESB) Scheme 2022, according to a document. The Tata group took over the control of Air India and Air India Express from the government on January 27, 2022. An airline official told PTI that around 8,000 employees will benefit from the scheme. "In accordance with the share purchase agreement signed as part of the disinvestment process, Air India has initiated the Employee Share Benefit Scheme for eligible employees who were in service with the airline on th

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