Bengaluru court bars Swiggy from creating third party rights on ESOPs of former Assistant VP

Arun Cyril, who worked with Swiggy between 2015 and 2024, filed a suit claiming that he was unlawfully terminated and his vested share options were illegally annulled by the company.

Swiggy

Published on:

08 Nov 2024, 1:14 pm

1 min read

A Bengaluru court has temporarily restrained food delivery startup Swiggy from creating any third party rights or charges on 200 odd employee stock options (ESOP) held by a former Assistant Vice President who was terminated by the firm earlier this year.

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Swiggy

Bengaluru Court

ESOP