India, March 10 -- Online travel aggregator ixigo's board has approved formulation, adoption and implementation of Le Travenues Technology - Employees Stock Option Scheme 2025 (ESOS 2025) with a pool size of 1.2 Cr stock options.

In an exchange filing on Saturday (March 8), ixigo parent Le Travenues Technology said that its board also approved granting of options equal to or more than 1% of the issued capital of the company to cofounders Aloke Bajpai and Rajnish Kumar under the new ESOS plan.

Besides, the board approved extension of the benefits of ESOS 2025 to employees of subsidiaries and holding companies of the company. ixigo will now seek the approval of its shareholders for the actions approved by the board.

As per the filing, th...