Porter offers second ESOP liquidation worth $6 million

Intra-city logistics provider, Porter has announced its second employee stock option liquidity plan worth Rs 0.5 billion (around $6.1 million) for its current and former staff. As part of this, the staff at Porter’s with vested stock options are eligible to encash their shares. They will be able to sell the eligible options immediately at a 50 per cent higher value from the last liquidation valuation up to a total value of Rs 0.5 billion.