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

Reuters Reuters Mumbai

The Securities and Exchange Board of India (Sebi) is planning to change its rules to address concerns around founders and family members of tech or app-based start-ups owning shares under the employee

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First Published: Mar 17 2023 | 11:03 PM IST

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