Cocoblu Retail celebrates 3rd Anniversary with Company-Wide ESOPs for all Employees

Cocoblu Retail, a wholly owned subsidiary of RattanIndia Enterprises Limited, and one of India's leading sellers on major e-commerce platforms in India, has announced the rollout of a company-wide Employee Stock Ownership Plan (ESOP) as part of its 3rd Anniversary celebrations. In a landmark move that puts people at the heart of its growth story, Cocoblu is offering ESOPs to every employee-from senior leaders to frontline associates-marking a major shift in how equity is distributed in the retail industry.

The company has allocated 5% of its share capital towards this inclusive ESOP program. This initiative breaks away from conventional structures that reserve equity for the top tier, reaffirming Cocoblu's belief that every role contributes to the company's success. The ESOPs will be offered at a significantly subsidized exercise price, allowing employees to become shareholders and participate in long-term value creation.

The announcement follows a stellar year for Cocoblu, which recorded a 35% year-on-year growth in FY 2023-24 - far outpacing the typical 15-25% industry benchmark. This surge was powered by Cocoblu's customer-obsessed mindset, tech-driven operations, and agile onground execution.

Commenting on the announcement, Ms. Anjali Rattan, Chairperson of RattanIndia Enterprises Limited (parent company of Cocoblu Retail), said: "At Cocoblu, we're not just helping brands scale-we're shaping the future of online shopping in India. This journey requires passion and commitment from every team member. With all our all-inclusive ESOP program, we're offering more than traditional rewards-it's about giving true ownership in the growth we've built together. It's a celebration of their efforts and an invitation to grow alongside the company they've helped shape."

Over the last three years, Cocoblu has rapidly scaled its seller and product ecosystem, strengthened customer experience infrastructure, and built a robust, technology-led operations backbone. With this ESOP announcement Cocoblu is sending a strong signal-it is building not just a business, but a culture rooted in ownership, inclusivity, and long-term growth.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 45.95 as compared to the previous close of Rs. 45.84. The total number of shares traded during the day was 207663 in over 1628 trades.

The stock hit an intraday high of Rs. 46.39 and intraday low of 44.46. The net turnover during the day was Rs. 9467138.00.

Source : Equity Bulls

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RattanIndiaEnterprises INE834M01019 CocobluRetail 3rdAnniversary ESOPs AllEmployees