present liquidity to round 7,000–7,500 staff members because the Walmart-owned ecommerce large gears up for a possible IPO. The corporate, presently valued at $35 billion, will
enable workers to promote as much as 5% of the choices vested over the past three years.
In a word to workers on Friday, Flipkart group CEO Kalyan Krishnamurthy stated that if the corporate achieves its key objectives dedicated to the board by year-end, one other 5% Esop liquidity occasion could possibly be unlocked early subsequent yr.
“Our core companies are performing properly, and fast commerce continues to scale at an unprecedented tempo, delivering unparalleled comfort to our clients,” Krishnamurthy wrote.
He added, “The board has authorized a discretionary Esop liquidity alternative (below the Flipkart Inventory Possibility Plan 2012), permitting all energetic workers as of July 5, 2025, to liquidate as much as 5% of their excellent choices vested between July 6, 2022, and July 5, 2025.” The liquidation worth is about at $174.32 per choice, with funds anticipated in August 2025.
Flipkart’s last major Esop buyback came about in 2023, when present and former workers obtained a one-time money payout from a $700 million buyback programme.