<ul><li>Univest completes its first Employee Stock Ownership Plan (ESOP) buyback worth Rs 1.61 crore, allowing early employees to realize returns based on their equity holdings.</li><li>The buyback initiative aimed to reward employees who joined during Univest's early stages, focusing on roles across product, technology, marketing, and customer support.</li><li>The buyback aligns long-term incentives with Univest's growth trajectory, following the introduction of an ESOP policy in late 2024 and a strategy to retain talent in the fintech sector.</li><li>Univest plans to explore future buyback opportunities aligned with upcoming fundraising events, operating from Delhi NCR with a technology-enabled trading and investment platform for retail investors.</li></ul>

Univest completes first ESOP buyback worth Rs 1.61 crore

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