By Our Staff
Asianet News Media and Entertainment Pvt Ltd (AMEL) has rolled out an employee stock ownership plan (ESOP). The group has multimedia presence across the country in multiple languages via its digital platform (asianetnews.com, indigomusic.com), TV channels (Asianet News and Asianet Suvarna News), print publication (Kannada Prabha) and radio channels (Radio Indigo).
Commenting on the thought process behind this initiative, Ruchir Khanna, Chief Operating Officer at Asianet News, said, “ESOPS form a critical part of employee value proposition and we want to reward those going over and above their responsibilities. The policy has already been initiated and the ESOPS have been granted to the employees who have been an important part of Asianet’s growth. This shall remain open to other employees falling in the eligibility criteria in the future as well.”
Added Samarth Sharma, Chief Business Officer at Asianet News: “It is a matter of great privilege and pride that we are able to recognize our team-members, who have been a part of our business growth story, as shareholders. This initiative should provide a fillip to our employees to work towards a common goal. We’d also like to thank our client and agency partners besides our strategic partners for their support in our growth. Besides strengthening its Indian language footprint across the country, Asianet News has also made significant investments in English and Hindi to extend its dominance pan-India and the newly releasedin ESOP plan should act as a potent force to attract and retain talent for the organization.”
