ESOPs: Market regulator Sebi could tweak regulations for start-ups.
The Securities and Exchange Board of India (SEBI) is reportedly planning to make changes to its regulations.
The aim of these changes is to prevent founders from owning stock options if they have rights equivalent to those enjoyed by promoters.
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The move by SEBI is expected to affect many
tech start-ups in India
that have a founder-led structure.
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