Cocoblu Retail Marks 3rd Anniversary with ESOPs for All Employees
ECONOMY & POLICY

Cocoblu Retail Marks 3rd Anniversary with ESOPs for All Employees

Cocoblu Retail, a leading e-commerce seller and a wholly owned subsidiary of RattanIndia Enterprises Ltd, has announced a company-wide Employee Stock Ownership Plan (ESOP) as part of its third anniversary celebrations. In a pioneering move, the company will offer stock ownership to all employees—across all roles and levels—breaking industry norms and reinforcing its people-first culture. 

Cocoblu has allocated 5% of its share capital for the ESOP program, with shares to be offered at a significantly subsidized exercise price. This democratized equity initiative enables every employee, from senior leaders to frontline associates, to become shareholders and participate in long-term value creation. 

The announcement follows a standout performance in FY 2023–24, during which Cocoblu posted 35% year-on-year growth, surpassing the typical industry benchmark of 15–25%. This growth was driven by the company’s customer-focused strategy, agile execution, and tech-enabled operations. 

Anjali Rattan, Chairperson of RattanIndia Enterprises, stated, “With our all-inclusive ESOP program, we’re giving true ownership in the growth we’ve built together. It’s a celebration of our team’s efforts and an invitation to grow with the company they’ve shaped.” 

Over the past three years, Cocoblu has rapidly expanded its seller and product ecosystem, enhanced customer experience, and strengthened its tech-driven operations. With this initiative, the company signals a strong commitment to fostering a culture of ownership, inclusion, and sustained growth. 

(BSE)   

Cocoblu Retail, a leading e-commerce seller and a wholly owned subsidiary of RattanIndia Enterprises Ltd, has announced a company-wide Employee Stock Ownership Plan (ESOP) as part of its third anniversary celebrations. In a pioneering move, the company will offer stock ownership to all employees—across all roles and levels—breaking industry norms and reinforcing its people-first culture. Cocoblu has allocated 5% of its share capital for the ESOP program, with shares to be offered at a significantly subsidized exercise price. This democratized equity initiative enables every employee, from senior leaders to frontline associates, to become shareholders and participate in long-term value creation. The announcement follows a standout performance in FY 2023–24, during which Cocoblu posted 35% year-on-year growth, surpassing the typical industry benchmark of 15–25%. This growth was driven by the company’s customer-focused strategy, agile execution, and tech-enabled operations. Anjali Rattan, Chairperson of RattanIndia Enterprises, stated, “With our all-inclusive ESOP program, we’re giving true ownership in the growth we’ve built together. It’s a celebration of our team’s efforts and an invitation to grow with the company they’ve shaped.” Over the past three years, Cocoblu has rapidly expanded its seller and product ecosystem, enhanced customer experience, and strengthened its tech-driven operations. With this initiative, the company signals a strong commitment to fostering a culture of ownership, inclusion, and sustained growth. (BSE)   

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?