Overview

• Eligible employees who vested stock options between July 6, 2022, and July 5, 2025, can sell up to 5% of their holdings at $174.32 per option with payouts scheduled for August 2025.
• Kalyan Krishnamurthy said meeting year-end performance targets could unlock an extra 5% liquidity event in early 2026.
• The board has approved relocating Flipkart’s legal domicile from Singapore to India to align with its IPO strategy.
• This buyback follows a $700 million programme in 2023 and forms part of a multi-year ESOP drive that has returned roughly $1.5 billion to employees.
• The initiative comes as Flipkart expands investments in quick commerce, AI and fintech and seeks to counter recent executive departures with stronger retention incentives.