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Founder ESOP Promoter Rules
Shardul Amarchand Mangaldas & Co

Promoters have their cake and eat it too: SEBI’s sweet take on ESOPs

By Pooja Ramchandani, Kriti Kaushik and Rakshita Mehta, Shardul Amarchand Mangaldas & Co

SEBI’s 2025 amendment lets founders retain ESOPs even after being classified as promoters in IPOs

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