New Delhi, Jan. 17 -- Netcore Solutions Private Limited announced the completion of an Employee Stock Ownership Plan (ESOP) buyback for its past and existing employees.

Employees were given the opportunity to encash a major portion of their stock options. This buyback exercise has been a welcome wealth creation opportunity for Netcore employees, boosting personal liquidity and employee

morale.

The buyback saw a return of up to 250 times for employees, depending on the price at which they were given the options. In a parallel exercise, Netcore's holding company also completed a buyback scheme of shares held by current and ex-employees.

This extremely rare buyback scheme, particularly in the SaaS space, has delivered one of the largest ...