Indian edtech major Unacademy has rolled back its recent decision to shorten the employee stock option plan (ESOP) exercise window, reinstating a more employee-friendly timeline for current and former staff. The reversal comes weeks after the company faced internal discontent and external criticism over a policy change that significantly reduced the time employees had to exercise their vested stock options after leaving the firm.
What Was Changed — And Why It Mattered
Earlier, Unacademy had reportedly revised its ESOP policy to allow employees only a limited period—rumoured to be as short as 30 days—to exercise their vested stock options after resignation or termination. This marked a shar
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