ICICI Prudential Life Insurance valued at Rs 38,000 crore at Esop sale


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The paid-up financial commitment of the company enhanced Rs 31.6 lakh (face value) pursuant to workout of talk about offered under the Employee Inventory Option Plan getting paid-up financial commitment to Rs 1,429 crore (face value) at Objective 31, 2014, according to the latest annually evaluation. In 2007-08, the company had given an option to its employees to encash their Esops. At that time, employees who had worked well out their talk about, promoted their talk about at Rs 400 each, costs the company at $11 billion money dollars. However, its stock cost has almost cut in 50 percent previously six years to Rs 220 now.




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