Esops
ESOPs to board changes: Advocacy by institutional shareholders surges 44%
Types: Most number of resolutions related to 'Board Changes' at 6,138. This was followed by resolutions relating to the auditors, remuneration and financial results.
 "ESOPs to board changes: Advocacy by institutional shareholders surges 44%")
ESOPs: Market regulator Sebi could tweak regulations for start-ups
Sebi does not want founders to own stock options if they have rights akin to those enjoyed by promoters, the sources with direct knowledge of the matter said
 "ESOPs: Market regulator Sebi could tweak regulations for start-ups")
Sebi looking for ways to plug gaps allowing founders to own stock options
The Securities and Exchange Board of India (SEBI) does not want founders to own stock options if they have rights akin to those enjoyed by promoters
 "Sebi looking for ways to plug gaps allowing founders to own stock options")
Sebi proposes to tighten regulations on issuance of bonus shares
The market watchdog noted that the proposed change will help mitigate the mismatch between the listed capital and issued capital of the issuer
Data science company Tredence announces ESOP buyback worth $30 mn
Firm that employs 2,000 has 80% of its workforce in India, got $175 mn in funding last year
 "Data science company Tredence announces ESOP buyback worth $30 mn")
Sebi allows two more avenues to hike public float at listed companies
The new methods include transfer of shares held by promoters to an ETF run by a Sebi-registered MF, exercising options and allotment of shares under ESOP programmes
10 yrs tax holiday, less holding period of ESOP shares: Startups on Budget
Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry
 "10 yrs tax holiday, less holding period of ESOP shares: Startups on Budget")
Bleeding shares of start-ups call for review of ESOP taxation policy
Companies generally deduct the tax payable at the time of allotment of shares by adding the income from ESOPs to employees' income as personal income tax
 "Bleeding shares of start-ups call for review of ESOP taxation policy")
Beware of information paucity and liquidity risk in unlisted shares
Even seasoned investors should bet only 5-10% on such securities
 "Beware of information paucity and liquidity risk in unlisted shares")
Flipkart staff may get Rs 5,700 cr in stock buyback scheme in a few weeks
This will be the biggest Esop buyback in tech industry. Flipkart owns over 80% stake in PhonePe and is looking to exit the company. Walmart owns 10% in the Bengaluru-based fintech firm
 "Flipkart staff may get Rs 5,700 cr in stock buyback scheme in a few weeks")
Flipkart to go for $700 million ESOP buyback during PhonePe funding: Report
The round will readjust Flipkart's valuation from $37.6 billion to $33 billion and PhonePe will have a separate shareholding structure
 "Flipkart to go for $700 million ESOP buyback during PhonePe funding: Report")
Zomato, Paytm dole out ESOPs to top executives in H1FY23 despite losses
According to regulatory filings by Paytm and Zomato, key managerial personnel have been rewarded ESOPs worth crores during the first half of FY23
PhonePe completes process to move domicile from Singapore to India
All businesses, and entities now owned by and consolidated under PhonePe Pvt Ltd-India
 "PhonePe completes process to move domicile from Singapore to India")
Why are public sector companies unable to attract talent for higher posts
It is not just that state-owned company leadership are paid much less than what their smaller competitors are paid but their performance is not linked to rewards
 "Why are public sector companies unable to attract talent for higher posts")
RBL Bank's board approves raising Rs 3,000 crore to fund business growth
RBL Bank on Monday said its board has approved raising up to Rs 3,000 crore to fund the lender's business growth. The fund raising will be subject to the approval of the shareholders, the bank said in a regulatory filing. Besides, the board has approved issuance of 1.75 crore additional equity stock options exercisable into equivalent number of equity shares fully paid up of Rs 10 each, in addition to residual/remaining options which remain ungranted under ESOP 2018. As per the filing, the bank's board also cleared the appointment of two independent directors -- Gopal Jain, Managing Partner and Founder Gaja Capital, and Sivakumar Gopalan, Faculty of the Department of Computer Science and Engineering, IIT Bombay.
 "RBL Bank's board approves raising Rs 3,000 crore to fund business growth")
TMS Ep232: RBI repo rate, domestic investors, rate-sensitive stocks, ESOPS
How does RBI's repo rate hike impact you? Are Indian stock markets turning domestic? Is it time to buy or sell or hold rate-sensitive stocks? What are ESOPs? All answers here
 "TMS Ep232: RBI repo rate, domestic investors, rate-sensitive stocks, ESOPS")
What are ESOPs?
Employers looking to attract and retain talent are going beyond offering traditional benefits like allowances, special pay packages etc. One such compensation is ESOPs. Find out what are ESOPs
 "What are ESOPs?")
Swiggy announces moonlighting policy that allows employees side gigs
Projects should be outside office hours and must not clash with the food delivery company's business
 "Swiggy announces moonlighting policy that allows employees side gigs")
Equity management firm Qapita acquires ESOP Direct in all cash-deal
Pune-based ESOP Direct provides solutions in equity compensation
 "Equity management firm Qapita acquires ESOP Direct in all cash-deal")
Institutional shareholders vote against logistics firm Delhivery's ESOP
Majority say no to the plan; new-age companies have faced similar hurdles
 "Institutional shareholders vote against logistics firm Delhivery's ESOP")
